MARKET MOVES
DLH reports lower profits in Q1
Danish hardwood and panels supplier Dalhoff Larsen & Horneman A/S (DLH) has reported a fall in gross profits to DKK85 million ($14.62 million) in Q1 2012 from DKK102 million ($17.56 million) in Q1 2011. ...
MARKET MOVES
Homag reports profit of $4.1 million for Q1
Woodworking manufacturer Homag Group AG has announced a net profit of €3.2 million for the first quarter of 2012, compared to a profit of €1.5 million in Q1 2011. The company reported a growth...
MARKET MOVES
Metsä Wood posts €4m Q1 profits
Metsä Wood has recorded €4m in operating profits in the first quarter and believes profitability will strengthen in the second quarter. Metsä, formerly known as Finnforest, said the building trade was expected to recover...
MARKET MOVES
UK manufacturing output falls 0.7% in October
The largest year on year output increase was seen in the transport equipment industries, which rose by 6.6% and in the machinery and equipment industries, which rose by 8.8 per cent when using comparative figures for October 2010 and 2011....
MARKET MOVES
Weyerhaeuser reports Q3 net earnings of $157 million in 2011
US-based Weyerhaeuser Company has reported net earnings of $157 million, or 0.29 per share, for the third quarter of 2011, compared to $1.1 billion, or $3.50 per share, for the same quarter of 2010. The company...
MARKET MOVES
September Construction Slips 1%
New construction starts in September receded 1% to a seasonally adjusted annual rate of $419.5 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Both nonresidential building and housing fell back after their...
MARKET MOVES
Gunns posts net loss of $373 million in 2011
Australian integrated forestry company Gunns Limited has reported a net loss after tax of AUD355.5 million ($373.2 million) for the year ended 30 June 2011, compared to a net profit of AUD28.5 million ($30 million) for the same period...
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