(North America) -Fitch Ratings expects modest earnings improvements will continue for most segments of the North American paper and forest products industries. Second-quarter operating results moderately improved over Q1 2007, with earnings generally better or losses smaller. However, these improvements did not rise to the pre-housing downturn levels of 2006.
In the paper segment, Fitch believes Q3 should be a generally better season overall with modest improvement in earnings across all paper grades except newsprint. Modest improvements are also expected for the packaging and containerboard segment, fueled by an active export market and cheaper U.S. dollar.
Discuss
Add this link to...
Tell a friend
Comments