This year marks the 55th annual National Leadership and Skills Conference (NLSC), a week-long event held by SkillsUSA to showcase a multitude of talents displayed by technical education students, teachers and business partners . There are dozens of workshops, educational sessions, and highly anticipated competitions in which students get a chance to prove their expertise in different trades that can range from electronics to culinary arts. SkillsUSA is a community of teachers, students and industry workers working toward a common goal of a more skilled workforce. Every year, SkillsUSA serves more than 360,000 students—including over 20,000 instructors who join as professional members. SkillsUSA combines personal, workplace and technical skills grounded in academics to provide a balanced framework for a rewarding future career. In response to this transformation of the manufacturing world, Georgia-Pacific has partnered with SkillsUSA and provided $25,000 in wood products directly from GP's Building Products division to use in the SkillsUSA competition.
EBITDA(1) of $280 million and Net Earnings of $112 million in 2018
NCIB Purchases of 2.3 million Shares for $37 million in 2018
Net Debt to Invested Capital(1) of 6%
INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded net earnings of $111.7 million, or $1.60 per share, in 2018, compared to $97.2 million, or $1.39 per share in 2017. Adjusted EBITDA was $280.4 million on record annual sales of $2.2 billion.
Interfor recorded a net loss in Q4’18 of $13.2 million, or $0.19 per share, compared to net earnings of $28.1 million, or $0.40 per share in Q3’18 and $36.2 million, or $0.52 per share in Q4’17. Adjusted net loss in Q4’18 was $19.8 million compared to Adjusted net earnings of $28.2 million in Q3’18 and $45.1 million in Q4’17.
Adjusted EBITDA was $6.2 million on sales of $468.5 million in Q4’18 versus $69.4 million on sales of $570.5 million in Q3’18.
details at: http://www.interfor.com/sites/default/files/docs/reports/Press%20Release%20Q4%2718%20SEDAR.pdf