Ainsworth Engineered

Ainsworth Announces 2011 Third Quarter Results

9.11.11 - Highlights Recorded positive adjusted EBITDA in third quarter Maintained strong cash position during the quarter Company recorded the best quarter in terms of safety Appointed Jim Lake President & COO upon the retirement of CEO Rick Huff Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) today reported its financial results for the third quarter of 2011. Adjusted [...]
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Ainsworth Announces Conference Call Notification for the Third Quarter of 2011

21.10.11 - VANCOUVER, October 20, 2011 – Investors and media are invited to participate in Ainsworth’s third quarter 2011 conference call. Jim Lake, President and COO and Chris Davies, Chief Financial Officer, will discuss the company’s third quarter results for 2011 followed by a question and answer session. The conference call will take place on Wednesday November 9, [...]
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Ainsworth Announces 2011 Second Quarter Results

8.8.11 - NEWS RELEASE August 5, 2011 Highlights > Export market sales grew to 38% of total sales from 7% in Q2 2010 > Recorded adjusted EBITDA of $2.7 million, at an EBITDA margin of 3.4% > Barwick OSB mill recorded best quarter of production since its purchase in 2004 > Maintained strong cash position during the quarter Vancouver, British Columbia – Ainsworth Lumber [...]
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Ainsworth Announces 2011 First Quarter Results

16.5.11 - Highlights > Recorded adjusted EBITDA of $6.4 million, at an EBITDA margin of 9.0% > Operated at above 90% capacity at its three operating mills > Acquired remaining 50% joint venture interest in 860 mmsf High Level mill and recorded a $72.5 purchase gain on the transaction > Sales in export markets increased 45% over Q1 2010 > Maintained strong [...]
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Ainsworth Announces 2010 Fourth Quarter & Year End Results

26.2.11 - Highlights Sales increased by $43.6 million from $285.9 million in 2009 to $329.5 million in 2010 Increased adjusted EBITDA to $53.7 million in 2010, up from $5.2 million in 2009 Expanded adjusted EBITDA margin to 16.3% in 2010, up from 1.8% in 2009 Took advantage of seasonal low in Q4 to complete significant operational upgrades Acquired remaining 50% of Footner [...]
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Ainsworth Announces 2010 Third Quarter Results

5.11.10 - Highlights Recorded fifth consecutive quarter of positive adjusted EBITDA Adjusted EBITDA margin of 10.9% in Q3 2010 compared to 3.3% in Q3 2009 Secured long-term labour agreements at all facilities during the quarter Maintained strong cash position through the third quarter Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS and ANS.WT) today reported its unaudited financial results for [...]
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Ainsworth Announces Conference Call Notification for the Third Quarter of 2010

21.10.10 - VANCOUVER, British Columbia – Ainsworth invites investors and media to listen-in to its third quarter 2010 conference call. Rick Huff, CEO and Chris Davies, CFO, will discuss the company’s results for the third quarter of 2010. The conference call will take place on Friday November 5, 2010 at 10:00 a.m. PDT (1:00 p.m. EDT). The dial-in phone number [...]
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Ainsworth Announces 2010 Second Quarter Results

5.8.10 - Highlights Company was well positioned to benefit from period of high OSB prices in first half of 2010 Recorded fourth consecutive quarter of positive adjusted EBITDA Adjusted EBITDA margin of 35.4% in Q2 2010 compared to -1.3% in Q2 2009 35.7% growth in sales relative to Q2 2009 as a result of increased OSB prices Cash balance increased by $22.0 [...]
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Ainsworth Announces 2010 First Quarter Results

13.5.10 - Highlights Third consecutive quarter of positive adjusted EBITDA EBITDA margin of 18.3% compared to 1.6% in 2009 Strong growth in sales despite negative foreign exchange impact Average North Central 7/16” OSB price for Q1 2010 rose to U.S.$214 (per msf) No demand related downtime taken during the quarter Maintained exceptional safety and operational efficiency record Continued to replace commodity production with higher [...]
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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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