Domtar says it has launched a review of all operations in order to further optimize their cost structure.
So says President and Chief Executive Officer John Williams, stressing the company has done a good job to maintain financial flexibility.
Williams says Domtar generated nearly $450-million of operating cash flow and continued their solid record of rewarding shareholders with a high payout ratio in 2017.
The company announced a 4.8% dividend increase for shareholders last year.
Williams says they will maintain a balanced and disciplined approach in capital work this year, ensuring they will invest to fuel growth in their businesses.
He notes they are well positioned to win with the business they have built.
