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Canfor Posts Record Results and 2001 Outlook
Canfor Corporation reported a 2000 net income of 125.6 million dollars or 1.50 per common share, with 1999 earnings at 102.6 million dollars. Net sales rose 30 percent, and operating income reached 263.6 million, the highest in company history. CEO David Emerson warned markets remain unsettled through early 2001 as lumber prices stay low ahead of the Softwood Lumber Agreement expiry.
MENTIONED IN THIS ARTICLE
Canfor Corporation
Canfor
Canadian Standards Association
Woodlands
Northwood
David Emerson
Cantor
Terrace - Hazleton Smithers
Slocan
Mackenzie
Ottawa
World Trade Organization
U.S