Clearwater Paper(US:CLW)2025-04-30 00:29Financial Performance & Strategic Moves - Clearwater Paper completed the acquisition of the Augusta paperboard mill for $700 million on May 1, 2024[5] - The company sold its tissue business for $1.06 billion on November 1, 2024[5] - Approximately $850 million of net proceeds from the tissue business sale were used to pay down debt[6] - Clearwater Paper repurchased $11 million of shares in the first quarter of 2025[6] Financial Results & Outlook - Net sales from continuing operations were $378 million in Q1 2025[14] - The company reported a net loss from continuing operations of $6 million in Q1 2025[14] - Adjusted EBITDA from continuing operations was $30 million in Q1 2025, with an 8% margin[14] - The company is targeting a $30-40 million fixed cost reduction in 2025[9] Industry Trends & Projections - Industry shipments of SBS paperboard increased by approximately 1% in Q1 2025 compared to Q4 2024[12] - Industry shipments are projected to grow by 3% to 5% in 2025[12] - Imports are forecasted to decrease by approximately 5% in 2025 compared to 2024, while exports are forecasted to increase by approximately 1%[12]