Resolute FP December 2017 and January 2018 US Newsprint Price Increase Announcement

MM Group is proud to announce that it has successfully achieved recertification for the ISO27001 information security standard. This certification is a testament to the company’s commitment to maintaining the highest level of information security and protecting the confidentiality, integrity, and availability of its clients’ data. ISO27001 is an internationally recognized standard that provides a framework for establishing, implementing, maintaining, and continually improving an information security management system (ISMS). The standard requires organizations to identify and assess information security risks, implement appropriate controls to mitigate those risks, and regularly review and improve their ISMS.

Due to the current extraordinary situation, a temporary cost surcharge for our products is unfortunately unavoidable. The general surcharge will be levied on a segment basis and will apply from 1 April 2022 until further notice. The cost surcharge will affect all products produced in Germany. The surcharge will be shown separately on the invoice. Against the background of the current dynamics in the markets, we ask for your understanding for this measure and the short notice involved. Thank you very much.

Glatfelter reported a net loss of $5.7 million, or $0.13 per share for the second quarter of 2017 compared with net income of $2.0 million, or $0.04 per diluted share in the second quarter of 2016. On an adjusted earnings basis, the loss for the second quarter of 2017 was $2.6 million, or $0.06 per share compared with adjusted earnings of $2.8 million, or $0.06 per diluted share, for the same period a year ago. Consolidated net sales totaled $387.3 million and $406.4 million for the three months ended June 30, 2017 and 2016, respectively. In the Composite Fibers and Advanced Airlaid Materials business units, net sales increased by 1.4% and 4.9%, respectively, on a constant currency basis. Specialty Papers’ net sales declined 8.6% in the quarter-over-quarter comparison. Click Read More below for additional details.