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Tag: earnings

Vietnam wood and wood product export earnings see 6% growth in first four months of 2020

Vietnam, wood and wood products, export, earnings, markets, performance, first 4 months, 2020

Vietnam’s coronavirus situation in control After a week with no new corona cases Vietnam's government eased its 22-day social distancing requirement on 23 April allowing some businesses to reopen. Vietnam acted very fast when the virus outbreak was detected in China by closing the border, reported ITTO. With only 288 confirmed corona cases …

Scm Group confirms its financial stability and rewards innovation

Scm Group, report, 2019, profits, turnover, earnings, positive, stable

Through innovation, digital factory and the strengthening of the sales network and after sales service in each of the strategic markets, Scm Group continues to invest and the results speak for themselves. The Group ended 2019 with a turnover in excess of 700 million Euro (USD773.8 million), in line with 2018's record figures and on budget for the …

Armstrong Flooring’s 3Q net sales decreased by 20.7% to $165.6 million

Armstrong Flooring, 3Q, earnings, net sales, EBITDA, Pennsylvania, North America, resilient flooring products

In 3Q 2019, Armstrong Flooring’s net sales declined 20.7% to $165.6 million from $208.9 million in the 3Q 2018, this includes a negative currency impact of 90 basis points. The decrease in net sales was primarily due to unfavourable volumes and mix, according to the company’s press release. Net loss in the 3Q 2019 was $31.4 million, …

Raute's 3Q earnings continue to decline

Raute, earnings, profits, sales, interim report, 3Q

RAUTE CORPORATION - INTERIM REPORT JANUARY 1-SEPTEMBER 30, 2019 - The Group’s net sales, EUR 112.0 million (MEUR 126.8), decreased 12% from the comparison period. Order intake was EUR 130 million (MEUR 138). - Operating profit was EUR 6.6 million (MEUR 11.5), down 42% from the comparison period. The result before taxes was EUR 6.7 million …

Canfor reports 3Q operating loss of $124 million

Canfor, third quarter, 2019, operating earnings

Reflecting weak global market conditions and a challenging fibre cost environment in British Columbia (“BC”), Canada, for the 3Q 2019, Canfor Corporation reported an operating loss of $124 million compared to an operating loss of $49.7 million reported for the 2Q 2019.  The material decline reflected significantly lower operating …

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