News Column

Resolute beats expectations as Q4 net loss cut to US$3M, adjusted profts up

February 6, 2014

MONTREAL _ Resolute Forest Products (TSX:RFP) beat analyst expectations in the fourth quarter as its net losses were cut to US$3 million , from US$45 million a year earlier. Excluding one-time costs, the Montreal -based company's adjusted profits increased 10 per cent to US$32 million or 34 cents per share _ five cents per share better than forecasts.

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Source: Canadian Press DataFile

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