February 14, 2018 / 11:30 PM / 5 months ago

BRIEF-Deltic Announces Preliminary Fourth Quarter 2017 Results

Feb 14 (Reuters) - Deltic Timber Corp:

* Q4 SALES $72.1 MILLION VERSUS $58.5 MILLION

* ‍REAL ESTATE SEGMENT OPERATING INCOME WAS LOWER IN Q4 OF 2017 COMPARED TO Q4 2016​

* ‍CURRENT YEAR PROVISION INCLUDED A $2.5 MILLION BENEFIT FROM REMEASUREMENT OF DEFERRED TAX LIABILITIES​

* ‍RESULTS FOR Q4 OF 2017 BENEFITED FROM INCREASED OPERATING INCOME IN WOODLANDS AND MANUFACTURING SEGMENTS​

* ‍DEMAND FOR COMPANY'S TIMBER AND WOOD PRODUCTS "REMAINED STRONG" DURING Q4​ Source text for Eikon: Further company coverage:

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