GP on the up


28 April 2005 – Atlanta (GA): Georgia Pacific (GP) has posted a rise in its Q1 profits.

The forest products company reported net income of $205 million, or EPS of $0.78, compared to $147 million, or EPS of $0.57, registered in Q1 2004. Sales fell from $5.2 billion to $4.6 billion, but ignoring sales from discontinued operations, lifted 6 per cent.