Canfor Pulp Products decreased operating income before amortization margin to 17.5% in 1Q2017

Canfor Pulp Products (CPPI) reported 4.7% increase of sales in 1Q2017 comparing with the same period of the last year. The company’s sales totaled CAD 309.2 million in the quarter generating operating income before amortization (OIBA) of USD 54 million (17.5% margin).

In 4Q2016 Canfor Pulp Products  decreased operating income before amortization to 16.3%.

Check other wood business-related companies 1Q2017 schedules for financial and operating results.

About Canfor Pulp Products:

The company is the largest N. American and 4th largest global producer of market NBSK pulp. The company is also the leading producer of fully bleached, high performance Kraft paper. It owns and operates 3 mills in Prince George, BC. Canfor Pulp Products shares are traded on the Toronto Stock Exchange under the symbol CFX.

Source: Woodbizforum