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Ainsworth Lumber Co Ltd ANSBF



GREY:ANSBF - Post by User

Comment by louelon Feb 26, 2011 6:12pm
383 Views
Post# 18199809

RE: volume

RE: volume

    Institutional as well as retail investors like to see  things like this in Q  & anual reports. It suggests proper management on the operational side plus market strength and stability.   A sense of security is very attractive during a market recovery.

     

   Ainsworth recorded net income of $9.4 million for the full year ended December 31, 2010, compared to a net loss of $21.6 million in 2009. For the fourth quarter of 2010, the Company recorded net income of $1.8 million, compared to a net loss of $12.4 million in the fourth quarter of 2009.

  In 2010, Ainsworth recorded adjusted EBITDA of $53.7 million compared to adjusted EBITDA of $5.2 million in 2009. Adjusted EBITDA margin for the full year 2010 was 16.3% compared to an adjusted EBITDA margin of 1.8% in 2009

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