March 21, 2017 / 1:00 AM / 5 months ago

BRIEF-Fortress Paper posts Q4 net loss $7.3 million

March 20 (Reuters) - Fortress Paper Ltd

* Fortress Paper announces fourth quarter 2016 results

* Qtrly sales $80.863 million versus $74.576 million

* Says production costs are expected to be lower in Q1 of 2017 for dissolving pulp segment

* Qtrly net loss $7.3 million versus net loss of $3.7 million last year

* Management anticipates that FSC will generate materially higher operating EBITDA in 2017 versus 2016

* Fortress Paper - expects improving viscose staple fibre and dissolving pulp pricing through Q1 of 2017 and into stronger seasonal summer months Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below