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Sales in the first quarter benefited from consumer pantry loading
May 8, 2020
By: Tara Olivo
Associate Editor at Nonwovens Industry
Domtar’s sales for the first quarter of 2020 were $1.3 billion, down from $1.4 million in the first quarter of 2019. In the Personal Care segment, Domtar’s sales in the first quarter were $266 million compared to $239 in the first quarter of 2019. Commenting on Personal Care, John D. Williams, president and CEO says, “We had a record sales and EBITDA quarter. Our sales line in Q1 benefited from consumer pantry loading in preparation for in-home quarantine and the scale-up of new customer wins. We continue to increase operating rates, and we have established rapid response teams to maximize productivity to support an uptick in demand, inventory replenishment and portfolio simplification.”
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