Hilights of report Tree Island Steel Ltd. (TSX: TSL) -
Q4 2013 versus Q4 2012 Financial Highlights:
-- Volumes up by 26.5% to 27,295 tons -- Revenue increases by 24.7% to $35.7 million -- Gross Profit increases by 186.8% to $3.8 million or 10.5% of revenues -- EBITDA(2) increases by 188.3% to $1.0 million
Full Year 2013 versus Full Year 2012 Financial Highlights:
-- Volumes up by 10.7% to 113,401 tons -- Revenue increases by 4.9% to $153.4 million -- Gross Profit at $17.3 million or 11.3% of revenues -- EBITDA(2) (before foreign exchange) increases by 101.7% to $7.2 million