Conifex Timber Inc (TSX:CFF)
C$ 0.55 0.02 (3.77%) Market Cap: 22.23 Mil Enterprise Value: 79.79 Mil PE Ratio: 0 PB Ratio: 0.20 GF Score: 60/100
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Q3 2019 Conifex Timber Inc Earnings Call Transcript

Nov 15, 2019 / 03:00PM GMT
Release Date Price: C$0.43 (+10.26%)
Operator

Good morning, ladies and gentlemen. Welcome to the Conifex Q3 Conference Call. I would now like to turn the meeting over to Mr. Ken Shields, CEO. Please go ahead, Mr. Shields.

Kenneth A. Shields
Conifex Timber Inc. - Chairman, CEO & President

Well, thank you, Melanie, and good morning, everyone, and welcome to our call covering our Q3 results. As is our custom, CFO, Yuri Lewis; and Executive VP, Hans Thur, are with me and available to respond to questions you may have at the end of this call.

Let's quickly cover our 4 points about the financial information we're about to refer to. First, we will be making forward-looking statements and references to non-IFRS measures, and therefore, call your attention to the disclaimer in our shareholder materials. Second, we will be making references to adjusted EBITDA, and this is the EBITDA adjusted for the noncash impact of foreign exchange translation gains or losses on U.S. dollar-denominated long-term debt. Most of our borrowings are in U.S. dollars because most of our debt was incurred to fund the build

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