Resolute posts fourth-quarter 2020 loss, sales up from year-ago period
Resolute posts fourth-quarter 2020 loss, sales up from year-ago period February 4, 2021 February 4, 2021 Topics Resolute Forest Products has reported a net loss for the fourth quarter of 2020 of US$52 million, or $0.63 per share, compared to a net loss of US$71 million, or $0.79 per share, in the same period in 2019. The Montreal-based company keeps its books in U.S. dollars. Sales were $769 million in the quarter, an increase of $101 million from the year-ago period. Excluding special items, the company reported net income of $45 million, or $0.55 per diluted share, compared to a net loss of...
Source: pulpandpapercanada.com