05.01.19
Domtar Corporation reported net earnings of $80 million for the first quarter of 2019 compared to net earnings of $87 million for the fourth quarter of 2018 and net earnings of $54 million for the first quarter of 2018. Sales for the first quarter of 2019 were $1.4 billion.
Personal Care sales were $247 million in the quarter, down from $262 million in the first quarter of 2018.
John D. Williams, president and CEO, says, “In Personal Care, our margins improved driven by better productivity and operational efficiencies as our new customer ramp-up accelerates. We also successfully implemented price increases in both North America and Europe helping to partially offset raw material cost headwinds. Our teams continue to deliver on our margin improvement plan which is expected to progress throughout the year.”
Personal Care sales were $247 million in the quarter, down from $262 million in the first quarter of 2018.
John D. Williams, president and CEO, says, “In Personal Care, our margins improved driven by better productivity and operational efficiencies as our new customer ramp-up accelerates. We also successfully implemented price increases in both North America and Europe helping to partially offset raw material cost headwinds. Our teams continue to deliver on our margin improvement plan which is expected to progress throughout the year.”
