SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
-----------------------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 22, 1999
(Date of Report)
-----------------------------------
GEORGIA-PACIFIC CORPORATION
(Exact Name of Registrant as Specified in its Charter)
GEORGIA
(State of Incorporation)
1-3506
(Commission File Number)
93-0432081
(IRS Employer Identification Number)
133 PEACHTREE STREET, N.E., ATLANTA, GEORGIA 30303
(Address of Principal Executive Offices)
(404) 652-4000
(Registrant's Telephone Number, including area code)
Item 5. Other Events.
- ------ -------------
On June 22, 1999, the Corporation provided the following to the Dow Jones
News Service.
EARNINGS UPDATE / Georgia-Pacific Group (NYSE:GP)
- -------------------------------------------------
June 22, 1999
GEORGIA-PACIFIC GROUP ANTICIPATES EARNINGS ABOVE ESTIMATES:
Georgia-Pacific Corp. said today that it expects to report earnings for
the second quarter of 1999 for Georgia-Pacific Group, its pulp, paper and
building products business, that are well above current First Call earnings per
share estimates for the period. Based on results through May, the corporation
said second quarter earnings for Georgia-Pacific Group should exceed $1 per
share.
Results for the Group's building products segment through May were
strengthened by the sustained pace of home construction and remodeling. Strong
sales volumes and prices in the company's structural panels and gypsum
businesses continued during the period and results from its lumber business also
showed notable improvement. The Group's building products distribution segment
also improved on its first quarter performance.
Results for Georgia-Pacific's pulp and paper and its containerboard and
packaging segments through May also strengthened from the previous quarter due
to stronger domestic and international demand and positive movement in prices.
Georgia-Pacific will report second quarter 1999 earnings July 21.
For more information (media): Ken Haldin 404/652-6098
Greg Guest 404/652-4739
(analysts): Rich Good 404/652-4720
Certain statements contained in this update, including statements regarding
1999 second quarter earnings projections, are forward-looking statements (as
such term is defined under the Private Securities Litigation Reform Act of 1995)
based on current expectations. The accuracy of such statements is subject to a
number of risks, uncertainties and assumptions. Factors that could cause or
contribute to actual financial results differing materially from such forward-
looking statements include those risks, uncertainties and assumptions discussed
in the company's Securities and Exchange Commission filings, including but not
limited to, its Quarterly Report on Form 10-Q dated May 12, 1999, on file and
recorded May 17, 1999.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DATED: June 22, 1999
GEORGIA-PACIFIC CORPORATION
By /s/ Kenneth F. Khoury
---------------------
Kenneth F. Khoury
Vice President, Deputy General
Counsel and Secretary