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Last $7.79 USD
Change Today +0.03 / 0.39%
Volume 196.0K
WPP On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

wausau paper corp (WPP) Snapshot

Open
$7.73
Previous Close
$7.76
Day High
$7.90
Day Low
$7.72
52 Week High
01/2/15 - $11.51
52 Week Low
08/27/15 - $7.23
Market Cap
390.1M
Average Volume 10 Days
220.0K
EPS TTM
$-0.09
Shares Outstanding
50.1M
EX-Date
07/30/15
P/E TM
--
Dividend
$0.12
Dividend Yield
1.54%
Current Stock Chart for WAUSAU PAPER CORP (WPP)

wausau paper corp (WPP) Related Businessweek News

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wausau paper corp (WPP) Details

Wausau Paper Corp. manufactures, converts, and sells towel and tissue products primarily in the United States and Canada. The company offers paper towel and tissue products for the commercial and industrial away-from-home market, including washroom roll and folded towels; towel, tissue, and soap dispensers; industrial wipers; dairy towels; household roll towels; and other towel and tissue products. It offers its products under the Alliance, Artisan, DublSoft, DublNature, EcoSoft, OptiCore, Wausau Paper, Bay West, OptiServ, Wave 'N Dry, Revolution, and other brands. The company sells its products to paper and sanitary supply distributors that serve factories and other commercial and industrial locations, health service facilities, office buildings, restaurants, theme parks, airports, and hotels. Wausau Paper Corp. was founded in 1899 and is based in Mosinee, Wisconsin.

870 Employees
Last Reported Date: 03/2/15
Founded in 1899

wausau paper corp (WPP) Top Compensated Officers

Chairman of The Board and Chief Executive Off...
Total Annual Compensation: $358.9K
President and Chief Operating Officer
Total Annual Compensation: $343.9K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $309.0K
Vice President of Engineering & Expansion
Total Annual Compensation: $309.0K
Compensation as of Fiscal Year 2014.

wausau paper corp (WPP) Key Developments

Wausau Paper Corp. Announces Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter Of 2015; Confirms EBITDA Guidance for 2015

Wausau Paper Corp. announced unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales were $90.89 million against $89.21 million a year ago. Operating income was $7.66 million against loss of $3.5 million a year ago. Earnings from continuing operations before income taxes were $4.37 million against loss of $5.93 million a year ago. Earnings from continuing operations were $2.453 million against loss of $3.721 million a year ago. Basic and diluted earnings per share from continuing operations were $0.05 against loss of $0.07 a year ago. Net earnings were $2.09 million against loss of $3.83 million a year ago. Basic and diluted earnings per share were $0.04 against loss of $0.08 a year ago. EBITDA was $18.049 million against $6.808 million a year ago. Adjusted EBITDA was $14.525 million against $9.882 million a year ago. Adjusted operating profit was $4.137 million against loss of $0.424 million a year ago. Adjusted net earnings were $0.233 million against loss of $1.75 million a year ago. Adjusted net earnings per share were $0.00 against loss of $0.04 a year ago. The improvement in net sales year-over-year was primarily driven by the 2% increase in cases shipped, with total volume in the quarter representing a second quarter record of 4.4 million cases for the company. Improvements in average net selling price period-over-period were offset by the unfavorable change in the Canadian exchange rate. For the six months, the company reported net sales were $175.07 million against $166.72 million a year ago. Operating income was $11.18 million against loss of $8.16 million a year ago. Earnings from continuing operations before income taxes were $4.65 million against loss of $12.73 million a year ago. Earnings from continuing operations were $2.66 million against loss of $8.17 million a year ago. Basic and diluted earnings per share from continuing operations were $0.05 against loss of $0.16 a year ago. Net earnings were $2.53 million against loss of $8.73 million a year ago. Basic and diluted earnings per share were $0.05 against loss of $0.17 a year ago. Net cash provided by operating activities was $4.418 million against net cash used in operating activities of $5.682 million a year ago. Capital expenditures was $3.924 million against $8.982 million a year ago. EBITDA was $32.01 million against $12.44 million a year ago. Adjusted EBITDA was $24.61 million against $15.51 million a year ago. Year-over-year improvements in adjusted EBITDA and adjusted EBITDA margins in both the second quarter and first half periods of 2015 were driven by the improved quality of mix and volume of products sold, as well as continued operational improvement. These positive factors were partially offset by pre-tax costs of approximately $1.2 million as a result of planned, routine maintenance outages that occurred at both Kentucky and Ohio, facilities in the second quarter of 2015. Adjusted operating profit was $3.78 million against loss of $5.08 million a year ago. Adjusted net loss was $2.007 million against loss of $6.2 million a year ago. Adjusted net loss per share was $0.04 against loss of $0.12 a year ago. For the quarter, the company reported total tons sold was 45.01 million against 46.52 million a year ago. Total cases shipped was 4.42 million against 4.34 million a year ago. For the six months, the company reported total tons sold was 88 million against 88.08 million a year ago. Total cases shipped was 8.55 million against 8.19 million a year ago. The company expects 2015 third quarter adjusted EBITDA of $17 million to $18 million. As the company looks to the second half of 2015, it is confirming its $13 million estimate for total 2015 capital spend. The results thus far give the great confidence in the ability to deliver $18 million of EBITDA improvement by the end of fiscal 2015. As a result, for fiscal 2015, the company is confirming its full year adjusted EBITDA guidance in the range of $60 million to $63 million.

Wausau Paper Appoints Rob Yanker to the Board of Directors

Wausau Paper announced that it has appointed Rob Yanker to the company’s board of directors, effective immediately. Mr. Yanker will serve as one of the company’s nominees for election at its 2016 Annual Meeting of Shareholders. Mr. Yanker, is a Director Emeritus at McKinsey & Company. Mr. Yanker served at McKinsey for 27 years, from 1986 to 2013, where he worked with a variety of clients in the industrial, consumer and telecommunications sectors.

Wausau Paper Corp. Declares Quarterly Dividend, Payable on August 17, 2015

Wausau Paper’s Board of Directors declared a quarterly dividend of $0.03 per share on the company’s common stock. The dividend is payable August 17, 2015 to shareholders of record at the close of business on August 3, 2015.

 

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Industry Analysis

WPP

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Valuation WPP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 3.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
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