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PaperlinX acquires Cascades’ Canada business

17 November 2005 – Melbourne (AUS): PaperlinX has announced it will acquire the Canada-based paper merchanting business of Cascades for approximately C$85 million ($71 million), including transaction costs. Commenting on the deal, CEO Tom...

PaperlinX hit by weak demand

 PaperlinX has posted its financial results for the year ending 30 June. Net profit for the year, not including a one-off tax benefit, fell 16 per cent on the previous year to A$91.5 million...

PaperlinX weak demand continues

25 October 2005 – Melbourne (AUS): PaperlinX has revealed that the strong Australian dollar, low prices and weak demand that drove profits down a year ago has continued. The company chairman, David Meiklejohn, said:...

PaperlinX hit by weak demand

 25 August 2005 – Melbourne (AUS): PaperlinX has posted its financial results for the year ending 30 June. Net profit for the year, not including a one-off tax benefit, fell 16 per cent on the...

PaperlinX chairman assures investors

 29 July 2005 – Melbourne (AUS): PaperlinX chairman David Meiklejohn has highlighted the company's "sound" financial position, in a letter to shareholders yesterday. Meiklejohn assured investors that full-year profit at the Australian paper unit would...

PaperlinX bounces on Finland strike

16 June 2005 - Melbourne (AUS): Shares in the Australian paper manufacturer PaperlinX have risen 5.5 per cent this week, following the extension of the shutdown of Finland's paper industry until 6 July. The...

PaperlinX issues profit warning

PaperlinX has warned that its annual profit is likely to be 20 per cent lower than last year due to weak demand, falling paper prices and a strong Australian dollar. CEO Tom Park said:...

PaperlinX issues profit warning

28 April 2005 - Melbourne (AUS): PaperlinX warned today that its annual profit is likely to be 20 per cent lower than last year due to weak demand, falling paper prices and a strong...

PaperlinX nosedives on ASX

29 April 2005 - Melbourne (AUS): PaperlinX's share price crashed 28 per cent on the Australian Stock Exchange (ASX) today following yesterday's profit warning. Shareholders greeted the news that PaperlinX expects its annual profit...

WCP takes on senior execs

27 April 2005 - Melbourne (AUS): WCP Group has appointed two senior executives to its senior management team, which incorporates Buying Group Services, Appaloosa Wholesale and Superior Business Software. John Reid joins as CFO/COO...

Tax ups Paperlinx profit

24 February 2005 - Melbourne (AUS): Net profit at Paperlinx more than doubled for the second half of 2004 to $A125.8 million ($99 million) from the A$53 million reported in the first half, boosted...

Paperlinx profit off

Sluggish European demand and the strong Australian dollar have put a dent in Paperlinx's full-year net profit. The company posted net profit of A$108.5 million ($77 million) for the year compared to A$132.1 million...

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