Thursday 14. February 2008
Catalyst 2007 results reflect challenging business climate
Catalyst Paper (TSX:CTL) posted a net loss of $31.6 million ($0.15 per common share) on sales of $1,714.6 million during 2007. This compared with a net loss of $15.9 million ($0.07 per common share) on sales of $1,882.5 million in 2006. The company posted an operating loss of $149.4 million for the year, compared to operating earnings of $3.9 million in 2006.