Home
Logout
P & PRI
Click here for Pulp & Paper Radio International
The Paperitalo Library
The Paperitalo Library
To Subscribe
Archives
Search
White Papers/Downloads
Free Downloads
Member Options
Search
My Profile
Login
PM 40 Companies
Cellulose Community
 Paperitalo Resources
Paperitalo Supplier Directory
onlyPulpandPaperJobs.com
The Paperitalo Library
 Inside PaperMoney
Home
Paperitalo/Media Kit
Search
Nip Impressions
 Departments
Editorial
PM40
RearView
Disconnected Comparisons
Insider Trading
 Current News
Supplier News
Culture & Marketing
Corporate Finance
Joint Venture
Labor & Union Actions
Legal
Major Expenditures
Market News of Note
Mergers & Acquisitions
Major Announcements
Operations Announcements
Reported Risks
Facility Closures/Reductions
 In Closing
The Final Word
 Reference Library
AM Best Insurance News
Delaware Chancery Court
Energy
Fiduciary Developments
ICC News and Proceedings
Key Interest Rates
SEC Filings
WTO News and Proceedings
White Papers
Two Sides
 Member Options
Join Now
Login
Logout
 About Paper Money
Home
Contact Us
Clearwater Paper Reports Updated Fourth Quarter Guidance
Print
SPOKANE, Wash. (News release) -- Clearwater Paper Corporation announced a preliminary update to the company's previous outlook for fourth quarter 2020 Adjusted EBITDA of $52 to $62 million.

Due to significantly greater than expected demand in tissue, strong operating performance, and favorable cost trends, the company now expects Adjusted EBITDA for the fourth quarter of 2020 to be in the range of $71 to $76 million.

"Demand for tissue products increased significantly in November through mid-December. We believe that the recent increase in COVID-19 cases caused a temporary change in consumer buying patterns, which are starting to normalize in later December," said Arsen Kitch, president and chief executive officer. "We now expect our fourth quarter volumes to be above our previous guidance, with shipments exceeding those experienced in the fourth quarter of 2019," Kitch concluded.

Readers, please tell your suppliers that you read Paperitalo Publications

 
Related Articles:

Clearwater Paper Completes Sale of Tissue Business to Sofidel America Corp.
Clearwater Paper Releases 2024 Sustainability Report, Highlighting Progress and Achievements
Clearwater Provides an Update of Impact on Operations From Hurricane Helene
Clearwater Paper's second quarter net sales increased to $586 million
Sofidel Makes a Significant Step To Accelerate Its Growth in North America
Clearwater Paper Enters into Definitive Agreement to Sell Tissue Business to Sofidel America Corporation for $1.06 Billion
Clearwater Paper fined $350K for unreported chlorine releases at Lewiston mill
Clearwater Paper invests $22 million, adds jobs in Shelby, North Carolina
Clearwater Paper completes Augusta paperboard mill acquisition
Graphic Packaging Holding Company to Sell Augusta Paperboard Manufacturing Facility to Clearwater Paper Corporation

Login and voice your opinion!

 Our Sponsors
















































 Copyright © and Trademark PaperMoney ® 2006-2024 All Rights Reserved

A Paperitalo Publication/The Home of your Prospects (TM)


Copyright Statement | Privacy Statement | Terms of Service 

 

 

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: