Commenting on Personal Care, Mr. Williams added, “Our results in Personal Care were in line with our expectations. While our margins were impacted by higher raw material prices and lower selling prices, we are taking actions to reduce costs in order to improve performance. We continue to mitigate headwinds, with a focus on continued cost savings and converting our sales pipeline into new wins.” Operating income was $77 million in the rst quarter of 2018 compared to an operating loss of $513 million in the fourth quarter of 2017. Depreciation and amortization totaled $79 million in the rst quarter of 2018. Outlook For the remainder of the year, our paper shipments should bene t from the announced industry capacity closures, and we expect to bene t from recently announced pulp and paper price increases. The second quarter will be a ected by seasonally higher maintenance activity in our Pulp and Paper business as we move into the annual shutdowns at some of our major facilities. Personal Care is expected to be negatively impacted by higher raw material costs and an unfavorable tender balance. For more information on the Domtar rst-quarter nancial report, please read the full press release. All information from the Domtar quarterly nancial report is in U.S. dollars, and all earnings per share results are diluted, unless otherwise noted. Sign up to receive our newsletter. Subscribe © Copyright 2018 Domtar Corporation. All Rights Reserved. Version 1.1
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