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Lumber futures extend record rally as sawmills race to keep up

Lumber futures extend record rally as sawmills race to keep up
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United statesChicago mercantile exchangeResolute forest products incNational association of home buildersNorth americaNational associationForest productsChicago mercantileஒன்றுபட்டது மாநிலங்களில்சிகாகோ வணிக பரிமாற்றம்உறுதியானது காடு ப்ராடக்ட்ஸ் இன்க்தேசிய சங்கம் ஆஃப் வீடு பில்டர்கள்வடக்கு அமெரிக்காதேசிய சங்கம்காடு ப்ராடக்ட்ஸ்சிகாகோ வணிக

Resolute Forest Products: Q1 Earnings Snapshot

Resolute Forest Products: Q1 Earnings Snapshot April 29, 2021 FacebookTwitterEmail MONTREAL (AP) Resolute Forest Products Inc. (RFP) on Thursday reported first-quarter net income of $87 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Montreal-based company said it had profit of $1.06. Earnings, adjusted for non-recurring costs, came to $1.45 per share. The maker of paper and wood products posted revenue of $873 million in the period. Resolute Forest Products shares have more than doubled since the beginning of the year. The stock has increased sevenfold in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RFP at https://www.zacks.com/ap/RFP

Resolute forest products incZacks investment researchResolute forest productsForest productsAutomated insightsZacks investmentNorth americaC complete state nationalZacks investment researchResolute forest products1 earnings snapshotF wireAutomated insightsTtps www zacks com ap rfpஉறுதியானது காடு ப்ராடக்ட்ஸ் இன்க்ஜாக்கக்ஸ் முதலீடு ஆராய்ச்சி

Resolute Forest Products reports $87-million first-quarter profit - Business News

Resolute Forest Products reports $87-million first-quarter profit - Business News
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Resolute forest products incToronto stock exchangeForest productsஉறுதியானது காடு ப்ராடக்ட்ஸ் இன்க்டொராண்டோ ஸ்டாக் பரிமாற்றம்காடு ப்ராடக்ட்ஸ்

Sawmills are selling boards faster than they can cut them

Article content Lumber demand is so strong that Resolute Forest Products Inc.’s order book exceeds its inventory, according to Chief Executive Officer Remi Lalonde. After trucking and railcar shortages hampered shipments during the first quarter, Resolute is now holding extra inventories at a time of record wood prices, Lalonde said during a conference call Thursday. Still, even those stockpiles aren’t enough to satisfy the North American building boom, so Resolute is ramping up output. Full-year production is expected to rise by 7 per cent. We apologize, but this video has failed to load. Try refreshing your browser, or Sawmills are selling boards faster than they can cut them Back to video

United statesThunder bayMarcy nicholsonJames macdonald bloombergRemi lalondeResolute forest products incChicago mercantile exchangePostmedia network incResolute forest productsChief executive officer remiNorth americanPostmedia networkStreet eastஒன்றுபட்டது மாநிலங்களில்இடி வளைகுடாமார்சி நிக்கல்சன்

Resolute Reports Preliminary First Quarter 2021 Results

Resolute Reports Preliminary First Quarter 2021 Results News provided by Share this article Adjusted EBITDA of $221 million Net debt at $449 million / liquidity at $653 million at quarter-end Repurchased 1.7 million shares in Q1 (2%) / 8.7 million in last twelve months (10%) Recent U.S. pension relief measures to improve free cash flow by approx. $30 million/year Target to reduce GHG emissions by 30% against 2015 levels by 2025 MONTRÉAL, April 29, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended March 31 of $87 million, or $1.06 per diluted share, compared to net loss of $1 million, or $0.01 per share, in the same period in 2020. Sales were $873 million in the quarter, an increase of $184 million from the year-ago period. Excluding special items, the company reported net income of $119 million, or $1.45 per diluted share, compared to a net loss of $29 million, or $0.33 per share, in the first quarte

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