Canfor Pulp Products Inc. Announces Fourth Quarter 2017 Results and Quarterly Dividend

Feb 22, 2018

Canfor Pulp Products Inc. ("CPPI") (TSX: CFX) today reported fourth quarter 2017 results and quarterly dividend:

Fourth Quarter and 2017 Highlights

  • Record quarterly operating income of $67 million, surpassing previous high by more than $14 million
  • Operating income of $155 million and record-high sales of $1.2 billion in 2017
  • Net income of $45 million, or $0.69 per share; $102 million, or $1.55 per share for 2017
  • Early repayment of $50 million long-term debt
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