Rayonier Advanced Materials 2Q 2014 results: net sales down 16.5% from year ago to $213 million
JACKSONVILLE, FL, July 30, 2014-
Rayonier Advanced Materials Inc. today reported financial results for the second quarter of 2014.
On June 27, 2014, Rayonier Advanced Materials Inc. (the "Company") was spun-off from Rayonier Inc. The Company's financial statements for the three and six months ended 2014 were prepared on a "carve-out" basis, reflecting an allocation of costs incurred by its former parent company. The carve-out financials are not indicative of the expected cost structure or future financial results of Rayonier Advanced Materials as an independent company.
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