News archive

Tag: SEC

Weyerhauser posts second quarter results

01-08-2018
Weyerhauser, second quarter results

Weyerhaeuser Company recently reported their second quarter net earnings of US$317 million, or 42 cents per diluted share, on net sales of US$2.1 billion. This compares with earnings of US$24 million, or 3 cents per diluted share, on net sales of US$1.8 billion for the same period last year. Excluding …

Kährs Group: Strong sales growth with stable underlying operating profit

26-07-2018
Kährs Group, flooring, Sweden, second quarter report, strong sales growth

Net sales for the Kährs Group totalled SEK 844 million (792), or US$95.4 million, an increase of 7 per cent compared with the same period in 2017. Organic sales growth was 6 per cent. Operating EBITA rose 1 per cent and totalled SEK 76 million (75), or US$8.6 million corresponding to an operating margin of 9.0 per cent (9.5). Market …

FAO: No need to sacrifice forests for food security

22-07-2016
FAO, deforestation, food security

Photo: FAO There is no need to cut down forests to produce more food, according to a new report State of the World’s Forests 2016 released by the Food and Agriculture Organization of the United Nations (FAO). Instead, communities need to urgently promote interactions between agriculture and forestry to build sustainable agricultural …

Weinig’s second-hand machine business sees boom in sales

05-07-2016
Weinig, secondhand machines

Following the expansion of Weinig’s online Pre-owned Machine Exchange, Weinig’s secondhand products are experiencing a real boom: Almost 200 machines were sold in 2015, with planers and moulders accounting for the lion's share. Weinig also offers tool grinding machines, window centres, cutting solutions and finger jointing lines. The …