Fraser Papers Announces 2007 Financial Results
Fraser Papers Inc. (“Fraser Papers” or the “Company”) (TSX:FPS) today reported financial results for the fourth quarter and year ended December 31, 2007.
Fraser Papers Inc. (“Fraser Papers” or the “Company”) (TSX:FPS) today reported financial results for the fourth quarter and year ended December 31, 2007.
Norske Skog will make fundamental changes to its management structure and remove head office functions.
– Milestone year marked by strong growth, operating performance and strategic repositioning of portfolio through sale of Thomson Learning and proposed acquisition of Reuters – Double-digit increases in full-year and fourth-quarter revenue and EPS reflects strong momentum entering new year – Board approves 10% dividend increase, third consecutive year of double- digit dividend growth
Full Year Operating Cash Flow up 14%
Prinovis Sales Manager Dieter Simon will leave the company on his own initiative in early 2008. Upon his resignation, his responsibilities will be taken over by Jürgen Freier.
Company Forges New Link In Chain Of Environmental Accomplishments
2007 Annual Earnings from Continuing Operations Before Special Items Grow 52 Percent to $963 Million