Nip Impressions logo
Tue, Apr 7, 2020 21:31
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Domtar warns of expected operating loss ahead of quarterly results

MONTREAL (From news reports) -- Domtar Corp. has warned of an expected operating loss for the fourth quarter and sales that are below analyst expectations.

The company says in a business update that it expects its operating loss to be between US$15 million and US$19 million, due in part to US$19 million in closure and restructuring costs and US$74 million in depreciation and amortization.

The company, partially based in Montreal, says it expects revenue of US$1.2 billion.

Analysts had expected revenue of US$1.27 billion according to financial markets data firm Refinitiv.

Domtar is slated to release full fourth-quarter results on Feb. 7.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: