Global Forest and Paper Industry Net Earnings Summary

PwC release the Net Earnings Summary Q1 2011. The quarterly report is prepared by PwC from financial statements issued by the companies. The summary identifies trends in performance by comparing financial results with previous periods.
Key highlights include:
Canada: Most Canadian forest and paper companies posted higher earnings for the first quarter of 2011 compared to the same period in 2010 despite continued weakness in North American demand, and volatility in the US housing market.
US: Ten of the largest US-based forest and paper companies reported net earnings consistent with results from the previous quarter.
Europe: All of the companies in the region posted improved earnings compared to the same period in 2010.
For more info please contact: Clive Suckling Global Leader PwC