Resolute Reports Preliminary Fourth Quarter and 2018 Results
Resolute Forest Products Inc. (RFP)
US:NYSE Investor Relations:
resolutefp.com/investors
Company Research
Source: PR Newswire
US $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, Jan. 31, 2019 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended December 31, 2018, of $36 million, or $0.38 per diluted share, compared to $13 million, or $0.14 per diluted share, in the same period in 2017. Sales were $932 million in the quarter, an increase of $34 million from the year-ago period. Excluding special items, the company reported net income of $4 million, or $0.04 per diluted share, compared to $14 million, or $0.15 per diluted share, in the fourth quarter of 2017.For the year, the company reported GAAP net income of $235 million, or $2.52 per diluted share, compared to a net loss of $84
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