CORRECTED-BRIEF-Tembec Q2 earnings per share C$0.27

Tue May 3, 2016 8:54am EDT
 
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(Clarifies source as Tembec Inc)

May 3 (Reuters) - Tembec Inc :

* Tembec reports financial results for its second fiscal quarter ended March 26, 2016

* Q2 earnings per share C$0.27

* Q2 earnings per share view C$-0.01 -- Thomson Reuters I/B/E/S

* Q2 sales C$380 million versus C$348 million

* Temiscaming specialty cellulose pulp mill to be down for annual maintenance outage in may

* Temiscaming specialty cellulose pulp mill outage will reduce June 2016 quarterly profitability by about $6 million

* All business segments benefited from 3 percent decline in relative value of Canadian dollar versus US dollar in quarter

* Sees "significant improvement" in year-over-year operating results going forward though increase will be hurt by factors such as US dollar Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)