GREY:FTPLF - Post by User
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oceanelevenon Nov 14, 2016 8:37pm
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Financials out
Financials out
Fortress Paper earns $20.3-million in Q3
2016-11-14 20:31 ET - News Release
Mr. Yvon Pelletier reports
FORTRESS PAPER ANNOUNCES THIRD QUARTER 2016 RESULTS
Fortress Paper Ltd. has released third quarter 2016 operating EBITDA earnings before interest, taxes, depreciation and amortization of $7.6-million, an increase of $1.3-million and $2.1-million over the previous quarter and prior-year comparative period, respectively. The Dissolving Pulp Segment generated operating EBITDA of $11.9 million and the Security Paper Products Segment incurred EBITDA loss of $1.8 million. Corporate costs included in operating EBITDA were $2.5 million.