Consolidated sales for the three-month period ended December 24, 2016, were $370 million, as compared to $354 million in the same quarter a year ago. The Company generated a net loss of $9 million or $0.09 per share in the December 2016 quarter compared to a net loss of $28 million or $0.28 per share in the December 2015 quarter. The December 2016 quarter included a non-cash loss of $16 million related to the translation of US dollar denominated debt. Operating earnings before depreciation, amortization and other items (adjusted EBITDA) was $34 million for the three-month period ended December 24, 2016, as compared to adjusted EBITDA of $29 million a year ago and adjusted EBITDA of $57 million in the prior quarter. click Read More below for additional detail
OHSAS 18001 (Occupational Health and Safety Assessment Series) is the most widely used and internationally accepted standard for occupational health and safety. Following the recent publication of the new ISO 45001 standard, which will replace the OHSAS 18001 standard in three years, Lecta has begun the adaptation process with the goal of working to the new standard as of next year.
Lecta had already obtained individual OSHAS 18001 certification for all its mills, warehouses and offices, proof of its commitment to the safety and health of its employees, as well as the goal of continuous improvement shared with the quality and environmental management systems that the company is based on.
Multisite status entails working under a common management system at all Lecta sites, consistently meeting the requirements set by the standard as a whole. Company headquarters will establish the guidelines and make any corrections needed to achieve this goal.
OHSAS 18001 multisite certification acknowledges the effort made by all Lecta employees as well as highlighting the importance that Lecta places on the prevention of occupational risks and good practices in the workplace.
This multisite occupational health and safety certification enables Lecta to reassert its position as a responsible company ready to respond to the most demanding markets, in keeping with its policy of transparency towards its customers, employees and other stakeholders.