Highlights: * Q4, 2017 adjusted operating income of $190.8 million, aided by improved lumber unit sales realizations and record-high pulp and paper earnings; operating income of $598.5 million and record-high sales of $4.66 billion in 2017 * Adjusted net income of $114.8 million, or $0.89 per share; $363.4 million, or $2.77 per share, for 2017 * CVD/ADD duty deposit rate reduced from 27.98% to 20.52% following final determination by US Department of Commerce; combined duty expense of 14.34% recorded in fourth quarter of 2017 to reflect impact of updated sales and cost data on ADD rate in 2017 * Net debt of $97.5 million, or 4.6% net debt to total capitalization, at December 31, 2017 * Construction of new state-of-the-art US$120 million greenfield sawmill in Georgia approved by Board of Directors: 275 million board feet of high-value dimension Southern Yellow Pine lumber. Click Read More below for additional information.

Holmen signed an agreement to acquire Martinsons, one of Sweden's leading players in sawn and processed wood products. The purchase price is SEK 1.0 billion for 100 per cent of the shares. The acquisition will almost double Holmen's sales of wood products to over SEK 3 billion, while also advancing positions in wood construction and providing Holmen with the capacity to process the majority of the raw material from its own forests in its own industry. Martinsons consists of two well-invested sawmills in northern Sweden with extensive processing of wood products for Scandinavian wood construction, as well as a project operation for construction of complete frames made of cross-laminated timber (CLT) and glulam beams for purposes such as offices, sports centres and apartment buildings. The company has 470 employees, most of whom work in processing.

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Lecta Paper Industries Intermediate Financing S.à r.l. ('Lecta') by Apollo Capital Management ('Apollo Funds'), a private equity firm based in New York. According to information on Lecta's website, the company has a production capacity of approximately 1.6 million tons of paper and about 2,700 employees.