Canfor Pulp Products Inc. (“CPPI”) (TSX: CFX) today reported 2018 and fourth quarter of 2018 results and quarterly dividend.
2018 and Fourth Quarter Highlights
• Record 2018 operating income of $247 million; net income of $184 million, or $2.83 per share and a return on invested capital of 37%
• Record-high annual sales of $1.4 billion in 2018, surpassing previous record by 15%
• Fourth quarter operating income of $16 million and sales of $290 million; net income of $14 million, or $0.21 per share
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