Sales on the rise U.S. company Clearwater Paper, a supplier of tissue and bleached paperboard products, has reported its financial results for the second quarter and first half of 2022.
In a statement, the business said that, for “the second quarter of 2022, Clearwater Paper reported net sales of $526 million, a 30% increase compared to net sales of $406 million for the second quarter of 2021.”
“We continued our trend of strong performance in the second quarter due to solid operational execution and improved pricing in both businesses,” said Arsen Kitch, the president and chief executive officer of Clearwater Paper, as quoted in the statement. “Our paperboard business continued to experience strong demand and pricing, while our tissue volumes increased due to stronger consumer demand for private branded products.”