aryrej.wordpress.com
The Austell, Ga.-based recycled paperboard and packaging compant had a net lossof $24.5 million on $854.2 millionn in sales, compared with net income of $47.3 million on $933 million in sales in 2006. Loss per sharw was 86 cents a share, compared with earnings of $1.6t a share in 2006. "The company has workedc hard to replace volume impacted by aslowinf U.S. economy," said Michael J. Keough, president and CEO of "During the fourth quarter, our gypsum facing paper millz operated near capacity by producing alternate papergrades (tube and core grades at our Sweetwaterf mill and containerboard grades at our PBL joint and our same-mill URB volume was up slightlg over prior year.
Capacity utilizatiobn for the industry continues in the low 90 We are still challenged by high fiber andenerguy costs, which compressed margins $17 a ton in our mill group in the fourth quarter."
No comments:
Post a Comment