Ainsworth Announces 2009 Fourth Quarter and Year End Results
25.2.10 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) reported its unaudited financial results for the fourth quarter and full year ended December 31, 2009 today.
Highlights
Recorded positive adjusted EBITDA of $5.2 million in 2009 compared to a loss of $0.1 million in 2008
Completed a full strategic review of the business
Added considerable depth [...]
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Ainsworth Completes Sales of Non-Core Assets
15.12.09 - NEWS RELEASE – Monday, December 14, 2009
Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) announced today that it has completed the divestiture of the company’s portfolio of non-core assets. Collectively, the asset sales support the company’s strategic focus on optimizing its portfolio and allocating resources to its best performing OSB assets.
On [...]
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Ainsworth Announces Financial Results for the Third Quarter of 2009
5.11.09 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) today reported its unaudited financial results for the quarter ended September 30, 2009.
During the third quarter of 2009, Ainsworth’s three active OSB mills operated at capacity, taking no demand related downtime. Our facility at High Level, Alberta remains idle until market conditions improve. [...]
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15.10.09 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) announced today that Chris Davies has been appointed Chief Financial Officer, effective November 2, 2009.
Prior to joining Ainsworth, Mr. Davies served as Vice President, Finance and Chief Financial Officer of MacDonald, Dettwiler and Associates Ltd.’s (MDA) Information Products Division. In addition to his [...]
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Ainsworth Announces Financial Results for the Second Quarter of 2009
13.8.09 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) today
reported its unaudited financial results for the quarter ended June 30, 2009.
During the second quarter of 2009, Ainsworth’s three active OSB mills, all in Canada, took no
demand related downtime. Net income from continuing operations for the second quarter of 2009
was $19.5 million compared [...]
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Ainsworth Announces Conference Call Notification for the Second Quarter of 2009
12.8.09 - VANCOUVER, British Columbia – AINSWORTH LUMBER CO. LTD. (TSX: ANS and ANS.WT)
Ainsworth invites investors and media to listen-in to its second quarter conference call with financial analysts. Robert Allen, CFO, will discuss the company’s results for the second quarter of 2009.
The conference call will take place on Thursday August 13, 2009 at 1:00 p.m. PDT [...]
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Ainsworth Contributes to World’s Largest Earthquake Shake Table Test
7.8.09 - Vancouver, CANADA — Ainsworth, a leading manufacturer of Oriented Strand Board (OSB), provided structural sheathing for the world’s largest earthquake shake table test. The OSB sheathing was subjected to a simulated 7.5 magnitude earthquake on Japan’s E-Defense shake table on July 14. Results proved that wood-frame construction is suitable for higher mid-rise structures located in [...]
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Ainsworth’s role in seismic test receives press coverage
7.8.09 - “Ainsworth Lumber shakes it up” says the 100 Mile Free Press.
The oriented strand board (OSB) used in the full-scale seven-storey condominium building which was subjected to a simulated 7.5 magnitude earthquake was provided by Ainsworth and manufactured at 100 Mile House.
read the article
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Ainsworth CEO Rick Huff Speaks to Press at Trade Show Reception
29.6.09 - Rick Huff, Ainsworth CEO & President, addressing the trade press in June at PCBC, a builder trade show in San Francisco. Huff described the company’s current focus on maintaining strong customer relationships during the down market, while developing truly innovative new products that will respond to customer needs.
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Ainsworth Financial Results and Conference Call Notification for the First Quarter of 2009
13.5.09 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) today reported its unaudited financial results for the quarter ended March 31, 2009.
The U.S., Ainsworth’s most important geographic market for structural panels, is in a severe recession. U.S. housing demand faces many challenges, such as mortgage market contraction, an excess supply of new [...]
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