Archive for the ‘Financial’ Category
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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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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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 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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Ainsworth Reports Financial Results for the Fourth Quarter of 2008
3.3.09 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS) today reported its unaudited financial results for the quarter and the year ended December 31, 2008.
The year 2008 was a period of significant change at Ainsworth. On July 29, 2008 we completed a recapitalization plan which resulted in a realignment of equity and non-equity interests. [...]
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Ainsworth Reports Financial Results for the Third Quarter of 2008
13.11.08 - Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS) today reported its financial results for the quarter ended September 30, 2008.
The third quarter of 2008 was a period of significant change at Ainsworth. On July 29th, the Company completed a financial recapitalization which resulted in the realignment of equity and non-equity interests, significant de-leveraging [...]
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Ainsworth Reports Financial Results for the Second Quarter of 2008
23.7.08 -
Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS) today reported its financial results for the quarter ended June 30, 2008. Net loss for the quarter was $34.2 million on sales of $111.4 million compared to net income of $27.9 million on sales of $157.5 million for the same period in 2007. The decrease [...]
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Ainsworth Reports Financial Results for the First Quarter of 2008
14.5.08 -
Vancouver, British Columbia – Ainsworth Lumber Co. Ltd. (TSX: ANS) today reported its financial results for the quarter ended March 31, 2008.
Net loss for the quarter was $88.2 million on sales of $88.5 million compared to net loss of $22.8 million on sales of $135.0 million in 2007. The decrease in sales is primarily the [...]
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