Canfor Pulp reports 2018 and fourth quarter of 2018 results and quarterly dividend.
February 21, 2019
Vancouver, BC - Canfor Pulp Products Inc. (“CPPI”) (TSX: CFX) today reported 2018 and fourth quarter of 2018 results and quarterly dividend.
Overview
- Record 2018 operating income of $247 million; net income of $184 million, or $2.83 per share and a return on invested capital of 37%
- Record-high annual sales of $1.4 billion in 2018, surpassing previous record by 15%
- Fourth quarter operating income of $16 million and sales of $290 million; net income of $14 million, or $0.21 per share