Domtar (UFS) Tops Q2 EPS by 12c
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Domtar Corporation Reports Preliminary Second Quarter 2020 Financial Results and Announces Strategic Initiatives
August 7, 2020 6:55 AM EDT(All financial information is in U.S. dollars, and all earnings per share results are diluted, unless otherwise noted).
Second quarter 2020 net earnings of $0.34 per share; earnings before items1 of $0.36 per share Announces significant cost savings program with expected annual savings of $200 million Execution of asset repurposing plan with conversion of Kingsport, TN and Ashdown, AR Commences review of strategic alternatives for Personal Care DivisionFORT MILL, S.C.--(BUSINESS WIRE)-- Domtar Corporation (NYSE: UFS) (TSX: UFS)... More
