Canada's pulp and paper, and forest products firms' financial performance in the third quarter failed to match up to the year's two previous record-breaking quarters, but it was still better than average. And from comments on earnings calls, it was clear that the year ago quarter's economic headwinds largely abated, thanks to double-digit pulp price gains and a 7.4% drop in the value of the Canadian dollar that boosted US dollar-denominated sales. The group of eight publicly-traded companies headquartered in Canada whose quarterly sales and earnings are tracked by PPI Pulp & Paper Week posted combined revenues of C$4.67 billion in the quarter ended Sept. 30.
展开▼