RESOLUTE FOREST PRODUCTS INC. (TSE:RFP) Files An 8-K Results of Operations and Financial Condition
Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
Resolute Forest Products Inc. Exhibit
EX-99.1 2 d665088dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 US $ Resolute Reports Preliminary Fourth Quarter and 2018 Results Q4 GAAP net income of $36 million / $235 million for 2018 Adjusted EBITDA of $105 million in the quarter / $574 million for the full year Completed Catawba and Fairmont mill sales for approximately $360 million Net debt to adjusted EBITDA falls to 0.6x Repurchased $225 million of senior notes after year-end MONTRÉAL,…
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About RESOLUTE FOREST PRODUCTS INC. (TSE:RFP)
Resolute Forest Products Inc. offers a range of forest products, including market pulp, tissue, wood products, newsprint and specialty papers. The Company owns or operates over 40 pulp, paper, tissue and wood products facilities in the United States, Canada and South Korea, as well as power generation assets in Canada. It operates through five segments: market pulp, tissue, wood products, newsprint and specialty papers. It also sells green power produced from renewable sources, wood chips and other wood related products to customers located in Canada and the United States. It produces market pulp at over seven facilities in North America, with total capacity of approximately 1.8 million metric tons. It produces tissue products at over two facilities in North America. It operates over 15 sawmills in Canada that produce construction-grade lumber sold in North America. It produces newsprint at over 10 facilities in North America and approximately one facility in South Korea.