Market News of Note

The tariffs apply to a wide variety of products, ranging from raw agricultural and natural materials to chemicals, textiles, consumer goods, wood products, paper, machinery and tools.

Sales remained stable at EUR 2,423 (2,426) million, as the positive impact from structural changes was offset by lower prices and adverse currency movements.

Sales increased 14.7% year over year to $2.49 billion and surpassed the consensus estimate of $2.40 billion by 3.6%.

Second quarter 2026 net sales of $1.9 billion were down (1.3)% compared to the corresponding prior-year quarter, driven primarily by the November 3, 2025 divestiture of the ThermoSafe business.

The Board approved a plan to demerge the Plywood business into a new listed company.

Net income increased 156.7% to $78.8 million or $1.37 per diluted Class A share compared to net income of $30.7 million or $0.53 per diluted Class A share.

Net Income of $88 million, with a Net Income Margin of 1.1%

Net loss of $21 million, or $1.33 per diluted share versus net income of $3 million, or $0.17 per diluted share in the second quarter of 2025

Higher lumber prices improved second-quarter operations, while weak pulp demand, elevated inventories and lower pricing increased losses and contributed to mill closures.

West Fraser expects housing affordability challenges, mortgage rates, inflation, tariffs and consumer confidence to continue influencing demand for wood building products in 2026 while maintaining its shipment outlook. The company reported improved market conditions across most business segments during the second quarter, with stronger European markets and continued operational improvements in North America.

UFP Industries reported second-quarter 2026 net sales of $1.88 billion, up 3% from $1.84 billion a year earlier, driven by 1% organic unit growth and a 2% contribution from acquisitions.

Loss from continuing operations of $12 million

Mondi said it will continue its cost discipline strategy, while focusing on optimizing its converting plant network, planning four further closures in Germany, Poland, Türkiye and Hungary.

Weyerhaeuser reported second-quarter net earnings of $162 million, or $0.23 per share, versus $87 million a year earlier.

2Q26 Net sales of $2.5 billion, up 10.9%

The notice has no immediate effect, and the company has 180 days to regain compliance, which requires at least 10 consecutive business days with a closing bid of $1.00 or more.

New grade expands customers and markets served across coated and uncoated recycled paperboard applications.

Smurfit Westrock's ordinary shares are now solely listed on the New York Stock Exchange.

The change affects the company's projected net debt-to-equity ratio for fiscal 2025, an important indicator for investors and lenders assessing leverage and capital structure.

More than 15%.

Hamburger Containerboard announced Thursday a €60 per metric ton price increase on all grades of recycled containerboard in European markets beginning in June.

Smurfit WestRock on Wednesday announced that it will delist from the London Stock Exchange. The Dublin-based packaging firm said once the delisting takes effect, it will solely be listed on the New York Stock Exchange.

The U.S. Department of Commerce is initiating administrative reviews of antidumping and countervailing duty orders with March anniversary dates, with the actions applicable May 4, 2026, and final results planned no later than March 31, 2027.

Arctic Paper has announced a price increase of 4-8% for both uncoated and coated fine papers across the European market. The new pricing will apply to all deliveries from 1 June 2026.

Canfor Corp. reported a loss of $72.1 million in its latest quarter compared with a loss of $31 million a year earlier and said global markets remained challenging.