The 2020 Mid-Year Economic Update_long

Wausau Paper Reports $28.7M Loss in 4Q

Sales for the paper manufacturer fell 3 percent during the quarter.

Wausau Paper (NYSE: WPP), Mosinee, WI, reported sales for the fourth quarter were $252.7, down 3 percent from the same period a year ago. The company recorded a net loss of $28.7 million, compared with year-ago profit of $15.2 million.

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For the full year, sales fell 2 percent to $1.03 billion. The company recorded a full-year loss of $21.7 million, compared to profit of $36.9 million in 2010.

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