Billerud’s net sales for the Q1 2023 grew by 55% to SEK 11,495 million ($1.1 billion), compared to SEK 7,397 million ($721 million) in Q1 2022. Net sales excluding currency effects increased by 51%, mainly due to the acquisition of Verso, which was completed on 31 March 2022. Billerud North America (former Verso) had net […]
Tag Archives: EBITDA
25
Mar
Mar
Altri Group achieved its best year ever during 2022 in terms of total revenues, EBITDA as well as pulp produced in several industrial units of the Group. Benefiting from a favorable evolution of pulp prices, total revenues reached € 1,066.2 M in 2022, a 34.4% increase vs 2021. During the 4Q22, Altri Group recorded total […]
13
Feb
Feb
Interfor Corporation recorded a net loss in Q4 2022 of $72.2 million, or $1.40 per share compared to net earnings of $3.5 million, or $0.06 per share in Q3 2022 and $69.7 million, or $1.15 per share in Q4 2021. Adjusted EBITDA was a loss of $68.7 million on sales of $810.3 million in Q4 2022 […]
30
Jan
Jan
Weyerhaeuser Company reported Q4 2022 net earnings of $11 million, or 2 cents per diluted share, on net sales of $1.8 billion. This compares with net earnings of $416 million, or 55 cents per diluted share, on net sales of $2.2 billion for the same period last year and net earnings of $310 million for the […]
25
Jan
Jan
International Paper today announced that it has entered into an agreement to sell its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for US$484 million equity value. The sale is subject to regulatory approvals in Russia. This transaction indicates ~$3.5 billion in total enterprise value […]
28
Dec
Dec
Rayonier Advanced Materials (RYAM) announced today that its facility at Jesup, Georgia, has been impacted by a force majeure declared by its natural gas provider, Southern Natural Gas Company, L.L.C., due to an unscheduled outage of the Elba Express Pipeline’s Hartwell Compressor Station (the “SNG Force Majeure Event”, or “Event”). RYAM’s Jesup facility is the […]
21
Dec
Dec
In the first nine months of the year, Iberpapel reported revenue of Euro 230.79 million, year-on-year growth of 40.17%, thanks to the price strategy implemented by the company to address the unstable macroeconomic and geopolitical environment. However, the impact of regulatory developments in the third quarter, specifically co-generators’ inability to participate in the government’s gas price […]
02
Dec
Dec
Stora Enso announced today that it has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023. Stora Enso first announced its intention to acquire De Jong Packaging in September (see […]
05
Nov
Nov
Rayonier Inc. recently announced that the company has entered into two separate agreements to acquire approximately 172,400 acres of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana for an aggregate purchase price of approximately $474 million from Manulife Investment Management, a leading timberland investment manager. The Acquisitions comprise well-stocked and highly productive timberlands […]
09
Sep
Sep
Stora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux […]