Canfor Corporation reported net income attributable to shareholders (“shareholder net income”) of $66.2 million, or $0.51 per share, for the third quarter of 2017, compared to shareholder net income of $81.3 million, or $0.61 per share, for the second quarter of 2017 and net income attributable to shareholders of $50.9 million, or $0.38 per share, for the third quarter of 2016. For the nine months ended September 30, 2017, shareholder net income was $213.6 million, or $1.62 per share, compared to $112.9 million, or $0.85 per share, for the nine months ended September 30, 2016. The Company reported operating income of $105.4 million for the third quarter of 2017, down $25.6 million from reported operating income of $131.0 million for the second quarter of 2017, with the decline reflecting lower operating earnings in both the lumber and pulp and paper segments. Lumber segment results were impacted by a decline in Southern Yellow Pine (“SYP”) lumber prices, a 5 cent, or 7%, stronger Canadian dollar, as well as increased log costs in Western Canada, the latter reflecting continued weather-related challenges and the effects of the worst fire season in recorded history in the BC Interior. Click Read More below for additional information.
The global launch of the new HP PageWide XL Pro 5200 MFP, HP PageWide XL Pro 8200 MFP and HP PageWide XL Pro 10000 printers is a fact. The HP PageWide XL Pro Sheet Feeder accessory is an exciting innovation, enabling fast, good quality production of posters and other large format printed items.
Crown Van Gelder and the HP team in Barcelona thoroughly tested and selected a range of large format media with the right balance in image quality, runnability and cost for those brand new market opportunities.
We have three initial grades selected in B1 and B2 size*: Crown Letsgo Universal 3rd Gen 120 gsm, Crown Letsgo Silk 3rd Gen 170 gsm and Crown Letsgo Matte 3rd Gen 235 gsm, all with ColorPRO Technology. Available now for ordering in Europe, Middle East, Africa, Asia Pacific and North America region.