Earnings at Potlatch's wood products group soared to $15.2 million in the third quarter on a 25% increase in sales. More
Second quarter operating income at Potlatch's wood products segment quadrupled from the same period a year ago to $11.7 million behind stronger than anticipated demand, higher prices and increased production levels. Overall, the company saw operating income grow 6% to $100.5 million as sales increased 5% to $117.5 million. More
Potlatch dropped into the red during the fourth quarter with a $1.5 million loss after posting income of $9.4 million during the same period a year ago. The loss comes paired with a 25% decrease in revenues to $109.9 million for the quarter ended Dec. 31. Yearly net earnings at the company remained almost identical with 2010's results at $40.3 million, despite an 8% dip in sales to $497.4 million. More
Potlatch's third quarter net earnings jumped 41% from the same period a year ago to $25.6 million, despite an almost 4% drop in revenues to $152.9 million, the company reported. More
Second-quarter earnings at Potlatch Corp. fell 29% from the same period a year ago to $8.4 million due to decreases in both sawlog and pulpwood volume, the company announced .Sales at the timber-harvesting company declined 13% to $112.4 million. More
It looks like another up and down year for the timber industry as first-quarter results for three major producers showed little consistency. More
Potlatch Corp.'s wood products division announced it posted a $3.4 million operating loss for the fourth quarter 2010. The loss is a $1.4 million improvement over fourth quarter 2009's $4.8 million operating loss, but also a step backwards from the $600,000 loss the division posted during third quarter 2010. More
Potlatch Corp.'s wood products segment swung to an operating loss of $600,000 in the third quarter from a $1.5 million profit in the year-earlier period, the company reported. This occurred even though revenues grew 7.7% to $64.9 million. More
Earnings reports for second quarter of this year showed robust gains in sales and profits at North America's lumber producers, typically because of the runup in OSB prices and the brief rise in U.S. housing starts. More
Potlatch Corp.'s wood products segment recovered from a $3 million operating loss in last year's second quarter to post income of $6 million in April through June of this year, its best showing since winter 2006. Potlatch also has agreed to sell 41,500 acres of Wisconsin and Arkansas timberland and has an option to sell another 46,500 acres in the fourth quarter--deals that involve 5.5% of its 1.6 million acres of holdings. More
