Article: Chesapeake Corporation president comments on expected earnings. (J. Carter Fox)

CHESAPEAKE CORPORATION PRESIDENT COMMENTS ON EXPECTED EARNINGS

RICHMOND, Va., April 2 /PRNewswire/ -- The following are financial comments of J. Carter Fox, president and chief executive officer of Chesapeake Corporation (NYSE: CSK), made today to the media:

I expect our 1st quarter earnings will be finalized and released on or about April 20, 1990.

BACKGROUND - CHESAPEAKE'S STRATEGY

Chesapeake is a changing company. Before 1985, Chesapeake was largely a commodity-oriented company with small shares in slow growing, mature markets.

Our earnings closely followed the market cycle for our commodity products: kraft paper, ...

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