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Earnings for Clearwater, a tissue, pulp and paperboard company

Thu., Feb. 23, 2012

Stock symbol: CLW
Reporting period: 2011
Earnings:

Profit of $39.7 million

$1.73 per share

Versus 2010

Profit of $73.8 million

$3.22 per share

Revenue: $1.93 billion
Analysis: CEO Gordon Jones mentioned net sales of nearly $2 billion and growth in the company’s tissue business as highlights of the year. The company’s new tissue machine and additional converting lines in Shelby, N.C., are scheduled for start-up in December.

 

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