Profit of $ 20.3 million
50 cents per share
Versus X1 Q 2013:
Profit of $15.5 million
38 cents per share
“We continue to believe housing starts will exceed 1 million in the U.S. this year,” said Chairman and CEO Mike Covey. As a result, demand for Idaho sawlogs and lumber should remain strong, and company officials expect a gradual recovery in prices for Southern pine sawlogs, he said.
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