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Last C$53.19 CAD
Change Today +1.13 / 2.17%
Volume 72.1K
UFS On Other Exchanges
Symbol
Exchange
Berlin
Toronto
New York
As of 4:00 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

domtar corp (UFS) Snapshot

Open
C$52.00
Previous Close
C$52.06
Day High
C$53.47
Day Low
C$51.90
52 Week High
03/6/15 - C$60.63
52 Week Low
10/15/14 - C$37.06
Market Cap
3.4B
Average Volume 10 Days
25.8K
EPS TTM
--
Shares Outstanding
63.7M
EX-Date
06/29/15
P/E TM
--
Dividend
C$1.52
Dividend Yield
3.49%
Current Stock Chart for DOMTAR CORP (UFS)

domtar corp (UFS) Related Businessweek News

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domtar corp (UFS) Details

Domtar Corporation designs, manufactures, markets, and distributes communications papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care. The company provides business papers, including copy and electronic imaging papers that are used with ink jet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use. It also offers commercial printing and publishing papers comprising offset papers and opaques used in sheet and roll fed offset presses; publishing papers, such as tradebook and lightweight uncoated papers for publishing textbooks, dictionaries, catalogs, magazines, hard cover novels, and financial documents; design papers for brochures and annual reports; and base papers that are converted into envelopes, tablets, business forms, and data processing/computer forms. In addition, the company provides papers for thermal printing, flexible packaging, food packaging, medical gowns and drapes, sandpapers backing, carbonless printing, labels, and other coating and laminating applications; and papers for industrial and specialty applications, such as carrier papers, treated papers, security papers, and specialized printing and converting applications. Further, it designs, manufactures, markets, and distributes adult incontinence products and absorbent hygiene products under the brand name of Attends, IncoPack, and Indasec. It provides branded and private label briefs, protective underwear, underpads, pads, and washcloths, as well as baby diapers and infant training pants for acute care, long-term care, homecare, and retail channels. The company serves merchants, retail outlets, stationers, printers, publishers, converters, and end-users. Domtar Corporation is headquartered in Montreal, Canada.

9,800 Employees
Last Reported Date: 03/6/15

domtar corp (UFS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.2M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $509.4K
President of Personal Care Division
Total Annual Compensation: $988.4K
President of Pulp and Paper Division
Total Annual Compensation: $401.4K
Senior Vice-President of Corporate Developmen...
Total Annual Compensation: $443.2K
Compensation as of Fiscal Year 2014.

domtar corp (UFS) Key Developments

Domtar Corporation Reports Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Impairment Charges for the Second Quarter Ended June 30, 2015; Provides Production Guidance for the Second Half of 2015

Domtar Corporation reported unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported sales of USD 1,310 million compared to sales of USD 1,385 million for the same period a year ago. Operating income was USD 62 million compared to USD 79 million last year. Earnings before income taxes were USD 37 million compared to USD 53 million last year. Net earnings was USD 38 million or USD 0.60 basic and diluted share compared to USD 40 million or USD 0.61 diluted share last year. EBITDA was USD 157 million compared to USD 175 million last year. Free cash flow was USD 56 million compared to USD 48 million last year. For the six months, the company reported sales of USD 2,658 million compared to sales of USD 2,779 million for the same period a year ago. Operating income was USD 133 million compared to USD 158 million last year. Earnings before income taxes were USD 82 million compared to USD 107 million last year. Net earnings was USD 74 million or USD 1.16 basic and diluted share compared to USD 79 million or USD 1.22 diluted share last year. Cash flows provided from operating activities was USD 249 million compared to USD 245 million last year. Additions to property, plant and equipment was USD 136 million compared to USD 101 million last year. EBITDA was USD 336 million compared to USD 431 million last year. Free cash flow was USD 113 million compared to USD 398 million last year. As on date net debt was USD 1,141 million compared to USD 1,241 million for the same period a year ago. For the quarter, the company reported papers production of 806,000 ST compared to 786,000 ST for the same period a year ago. Manufactured papers shipments was 783,000 ST compared to 779,000 ST last year. Total papers shipments was 812,000 ST compared to 821,000 ST last year. Pulp shipments was 345,000 ADMT compared to 336,000 ADMT last year. For the six months, the company reported papers production of 1,614,000 ST compared to 3,122,000 ST for the same period a year ago. Manufactured papers shipments was 1,587,000 ST compared to 3,145,000 ST last year. Total papers shipments was 1,651,000 ST compared to 3,318,000 ST last year. Pulp shipments was 695,000 ADMT compared to 1,391,000 ADMT last year. For the second quarter ended June 30, 2015, the company reported impairment of property, plant & equipment of USD 18 million against USD 19 million a year ago. For the second half of 2015, the company paper shipments are expected to trend with market demand and should benefit from lower import volumes in North America.

Domtar Corporation Announces Redemption of Certain Outstanding Notes and New Debt Financing

Domtar Corporation has elected to redeem on August 20, 2015, the redemption date, $55 million in aggregate principal amount of its 9.5% Notes due 2016, representing 59.16% of the outstanding notes, and $215 million in aggregate principal amount of its 10.75% Notes due 2017, representing 77.39% of the outstanding notes. The redemption price for the notes to be redeemed will be equal to 100% of the principal amount of such notes, plus accrued and unpaid interest, plus a make-whole premium. The accrued interest will be paid for the period from February 1, 2015 (for the 9.5% Notes) and from June 1, 2015 (for the 10.75% Notes) up to, but excluding, the redemption date. The make-whole premiums will be calculated three days prior to redemption in accordance with the terms of the indenture governing the notes. Notes to be redeemed are to be surrendered to The Bank of New York Mellon, as trustee and paying agent, in exchange for the payment of the redemption price. Holders who hold their notes through The Depository Trust Company, or DTC, will receive payment through DTC. In addition, Domtar's 7.125% notes will mature on August 15, 2015 in the aggregate principal amount of $167 million. The above-noted redemptions and repayment of notes will be funded through a combination of cash on hand, borrowings under credit facilities. The company also proceeds from a new $300 million 10-year term loan agreement with a syndicate of bank lenders. Domtar expects an improved debt maturity schedule as well as reduced financing expense on its outstanding debt after these transactions.

Domtar Corporation and Domtar Paper Company, LLC Enter into Term Loan Credit Agreement

On July 20, 2015, Domtar Corporation entered into a Term Loan Credit Agreement among the Company, as parent, its subsidiary Domtar Paper Company, LLC, as borrower and the lenders and agents party thereto. The Term Loan Credit Agreement provides for a $300 million term loan that matures on July 20, 2025. The Company and the Borrower intend to use the borrowings under the Term Loan Credit Agreement to repay other debt and to pay related fees and expenses. Borrowings under the Term Loan Credit Agreement bear interest, at the Borrower's option, at a floating rate based on LIBOR or a base rate plus a spread. The term loan under the Term Loan Credit Agreement is available on a single delayed draw basis during the period from and including the closing date of the Term Loan Credit Agreement through and including August 19, 2015. If there is a change of control, as defined under the Term Loan Credit Agreement, the Term Loan Credit Agreement will be terminated and any outstanding obligations under the Term Loan Credit Agreement will automatically become immediately due and payable. In addition, the Term Loan Credit Agreement contains customary events of default. If an event of default under the Term Loan Credit Agreement occurs and is continuing, then the administrative agent may declare any outstanding obligations under the Term Loan Credit Agreement to be immediately due and payable. In addition, if the Company or any of its material subsidiaries becomes the subject of voluntary or involuntary proceedings under any bankruptcy, insolvency or similar law, then any outstanding obligations under the Term Loan Credit Agreement will automatically become immediately due and payable.

 

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UFS

Industry Average

Valuation UFS Industry Range
Price/Earnings 6.0x
Price/Sales 0.5x
Price/Book 0.9x
Price/Cash Flow 3.2x
TEV/Sales 0.2x
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