Earnings for Clearwater, a tissue, pulp and paperboard company
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. |