Global Forest and Paper Industry: Net Earnings Summary — Three months ended December 31, 2013

View this page in: Français

Canadian based forest products companies reported generally stronger net earnings for the fourth quarter of 2013, rounding out a generally positive 2013 fiscal year. US housing starts were up nearly 18% in 2013, however construction slowed in December, which may have been linked to the severe winter weather experienced in eastern North America. Building material prices, including lumber and plywood, remained strong through the quarter. Softwood pulp prices also remained strong in the quarter due to low inventories and steady demand. Hardwood pulp prices were kept in check due to higher inventories and expectations of expanded supply. Newsprint prices remained steady through the quarter. United States European and Japan based companies also reported strong earnings in the quarter.

Western Canada

Western Canadian based companies posted net earnings of $48.3 million compared with net earnings of $85.9 million in the third quarter and net earnings of $10.6 million in the fourth quarter of 2012.

Eastern Canada

Eastern Canadian based companies posted net earnings of $7.9 million in the fourth quarter, compared to net losses of $561.7 million in the third quarter of 2013 and net losses of $47.6 million in the fourth quarter of 2012.

United States

US based forest and paper companies reported net earnings of US $2.2 billion for the fourth quarter, up from US $1.6 billion in the third quarter and US $0.9 billion in the fourth quarter of 2012.

Europe

European based forest and paper companies reported net earnings of € 243.7 million for the fourth quarter of 2013, down from € 526.0 million in the third quarter of 2013, but an improvement from net losses of € 972.3 million in the fourth quarter of 2012.

Japan

Six of the largest forest and paper companies in Japan posted net earnings of US $321.5 million in the fourth quarter of 2013, up from US $282.1 million in the third quarter of 2013.

This Net Earnings Summary is prepared by PwC based on financial statements issued by the noted companies. Earnings are reported in regional currencies unless otherwise noted. All comparative figures are with the three months ended December 31, 2013 unless otherwise specified.

Download the full summary to learn more details as well as results for the rest of the globe.


Previous quarter reports

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended September 30, 2013
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended June 30, 2013
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended December 31, 2012
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended September 30, 2012
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended June 30, 2012
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended March 31, 2012
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended September 30, 2011
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended June 30, 2011
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended March 31, 2011
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended September 30, 2010
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended June 30, 2010
Download the full PDF report.

empty Global Forest and Paper Industry: Net Earnings Summary — Three months ended 31 March 2010
Download the full PDF report.