Domtar Corp. Has 1st-Quarter Profit of $49 Million After Merger

Domtar Corp. (UFS), North America's largest producer of office paper, said it had a first-quarter profit of $49 million, or 14 cents a share.

The quarterly results were the first for the company, formed from the March merger of Domtar Inc. of Montreal and fine-paper assets of Federal Way, Washington-based Weyerhaeuser Co. (WY)

Shares of Domtar Corp. (UFS) rose 18 cents to $10.17 today in New York Stock Exchange composite trading.

To contact the reporters on this story: Christopher Donville in Vancouver at cjdonville@bloomberg.net;

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net.

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