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RISI, in its Fastmarkets’ PPI Pulp & Paper Week survey reports that good pricing and demand along with inflation were among the elements that helped increase to 10% the first-quarter 2022 average profit margin for 20 of the largest pulp and paper publicly-listed firms in North, based on the firms’ earnings reports. Their report goes on to say that the 10% margin (earnings compared to sales) is the highest for a first quarter in the last decade. Industry margins have been up in the range of 7-13% since the third quarter of 2020.
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