Last C$2.91 CAD
Change Today -0.03 / -1.02%
Volume 3.2K
FTP On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Frankfurt
As of 4:00 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

fortress paper ltd-cl a (FTP) Snapshot

Open
C$2.95
Previous Close
C$2.94
Day High
C$2.95
Day Low
C$2.91
52 Week High
08/21/13 - C$8.07
52 Week Low
05/22/14 - C$2.72
Market Cap
42.4M
Average Volume 10 Days
7.9K
EPS TTM
C$-6.41
Shares Outstanding
14.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FORTRESS PAPER LTD-CL A (FTP)

Related News

No related news articles were found.

fortress paper ltd-cl a (FTP) Related Businessweek News

No Related Businessweek News Found

fortress paper ltd-cl a (FTP) Details

Fortress Paper Ltd. produces and sells dissolving pulp and security paper products. The company offers dissolving pulp, which is used for the production of rayon textile fibres, acetates, cellophanes, tire filaments, filters and various chemical additives, as well as by pharmaceutical companies and the food industry as a binding agent. Its security papers include banknotes; passports; Visas; product registrations for documents, such as vehicle registrations, pharmaceutical labels, etc.; and other brand protection and security papers, as well as optically variable thin film materials. The company sells its products in Europe, Asia, and internationally. Fortress Paper Ltd. was incorporated in 2006 and is headquartered in North Vancouver, Canada.

Founded in 2006

fortress paper ltd-cl a (FTP) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: C$1.0M
Chief Financial Officer
Total Annual Compensation: C$235.0K
Chief Executive Officer of Landqart AG
Total Annual Compensation: C$204.9K
President of Fortress Specialty
Total Annual Compensation: C$320.4K
Finance Director and Corporate Secretary
Total Annual Compensation: C$200.0K
Compensation as of Fiscal Year 2013.

fortress paper ltd-cl a (FTP) Key Developments

Fortress Paper Ltd. Elects Terrence P. Kavanagh as Director

Fortress Paper Ltd. announced that at the annual general and special meeting of shareholders of the company held on June 13, 2014 Terrence P. Kavanagh elected as director.

Fortress Announces Employee Reduction Plan

Fortress Paper Ltd. announced that it has approved an employee reduction plan that will result in a reduction of approximately 16% of the salaried staff in the company's dissolving pulp segment, including senior management, middle management and clerical staff. The impact in cost savings is estimated at approximately $2.2 million per annum. These layoffs resulted from a management directive to immediately reduce labour costs as part of a comprehensive cost reduction initiative undertaken in response to the challenging dissolving pulp market.

Fortress Paper Ltd. Reports Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2014

Fortress Paper Ltd. reported unaudited consolidated earnings and operating results for the first quarter ended March 31, 2014. For the quarter, the company reported sales from continuing operations of $53.856 million against $57.559 million a year ago. LBITDA from continuing operations was $13.626 million against $13.162 million a year ago. LBITDA was $13.626 million against $2.627 million a year ago. Net loss from continuing operations was $23.421 million against $18.814 million a year ago. Adjusted net loss from continuing operations was $25.858 million against $20.618 million a year ago. Adjusted net loss per share, basic and diluted was $1.77 against 1.42 a year ago. For the quarter, the company reported paper shipments 2,583 tones against 2,179 tones a year ago. Pulp shipments were 20,259 ADMT against 39,147 ADMT a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FTP:CN C$2.91 CAD -0.03

FTP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Neenah Paper Inc $52.69 USD 0.00
View Industry Companies
 

Industry Analysis

FTP

Industry Average

Valuation FTP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.2x
Price/Cash Flow 0.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FORTRESS PAPER LTD-CL A, please visit www.fortresspaper.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.