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).
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.