Buckeye earnings fall
Manufacturer of specialty fibres and nonwoven materials Buckeye Technologies Inc. earned $1.9 million after tax in the quarter ended December 31, 2005. The company's results included $0.7 million after tax in restructuring expenses associated with the closure of the Glueckstadt,
During the same quarter of the prior year, the company earned $2.9 million after tax, which included $6.6 million after tax in restructuring and impairment costs and a $4.7 million after tax gain from the sale of a building and equipment located at
Net sales in the quarter were $188.3 million, 4% above the $180.6 million in the same quarter of the prior year.
Buckeye operates facilities in the