Earnings Call Summary | WESTERN FOREST PRODUCTS INC(WFSTF.US) Q1 2024 Earnings Conference
Earnings Call Summary | WESTERN FOREST PRODUCTS INC(WFSTF.US) Q1 2024 Earnings Conference
The following is a summary of the Western Forest Products Inc. (WFSTF) Q1 2024 Earnings Call Transcript:
以下是西部林業產品公司（WFSTF）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Western Forest Products reported an improvement in Q1 2024 adjusted EBITDA to negative $4.2 million from negative $5 million the previous year.
The company generated EBITDA of about $10 million from the acquisition of Calvert in August 2022 and made $35.9 million from the sale of a 34% interest in their Mid-Island Forest Operation in Q1 2024.
A tax refund of approximately $23 million expected in Q2 or Q3 of 2024.
They ended Q1 2024 with a net debt-to-cap ratio of 13% and liquidity of approximately $142 million.
西部林業產品公司報告稱，2024年第一季度調整後的息稅折舊攤銷前利潤從去年的負500萬美元改善至負420萬美元。
該公司在2022年8月收購卡爾弗特後產生了約1000萬美元的息稅折舊攤銷前利潤，並通過在2024年第一季度出售其中島森林業務34％的權益獲得了3590萬美元的收入。
預計在2024年第二季度或第三季度退稅約2300萬美元。
截至2024年第一季度，他們的淨債務與市值的比率爲13％，流動性約爲1.42億美元。
Business Progress:
業務進展：
Despite softer market conditions in Q1 2024, they completed a multimillion-dollar sale of a part of their Mid-Island Forest operation.
Commissioned the first continuous kiln at the Saltair sawmill, achieving 97% efficiency.
Continued advancement in pre-engineering and permitting for two more continuous kilns on Vancouver Island, with completion expected in 2025.
Expansion of operations across the entire timber harvesting land base showed prioritize on health, safety, and profitability.
儘管2024年第一季度市場狀況疲軟，但他們完成了對中島森林部分業務的數百萬美元出售。
在 Saltair 鋸木廠調試了第一臺連續窯，效率達到 97%。
在溫哥華島再建造兩座連續窯爐的預設計和許可方面繼續取得進展，預計將於2025年完工。
將業務擴展到整個木材採伐地基地，顯示出將健康、安全和盈利能力作爲優先事項。
More details: WESTERN FOREST PRODUCTS INC IR
更多詳情： 西部林業產品公司IR
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譯文內容由第三人軟體翻譯。