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Ainsworth Announces 2014 Fourth Quarter and Year End Results
2015-02-27 05:33:16| Air Courier - Topix.net
Ltd. today announced its financial results for the fourth quarter and year ended December 31, 2014. -- Adjusted EBITDA of $27.5 million for the year -- Shipment and production volumes 9% and 8% higher than prior year, respectively -- 25% year over year growth in shipments to key export markets in Asia -- Obtained overwhelming shareholder approval of the pending merger with Norbord Ainsworth President and Chief Executive Officer, Jim Lake said, "North American OSB market conditions continued to drift throughout the year as the pace of demand growth did not materialize as expected.
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Category:Transportation and Logistics