Conifex Timber Inc (TSX:CFF)
C$ 0.6 0.02 (3.45%) Market Cap: 24.25 Mil Enterprise Value: 83.91 Mil PE Ratio: 0 PB Ratio: 0.21 GF Score: 64/100

Q4 2022 Conifex Timber Inc Earnings Call Transcript

Mar 08, 2023 / 10:00PM GMT
Release Date Price: C$1.66 (-2.35%)
Operator

Good afternoon, ladies and gentlemen. Welcome to the Conifex Timber Inc. 2022 Annual Results Conference Call.

I would now like to turn the meeting over to Mr. Ken Shields. Please go ahead.

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

Well, thank you very much, Patrick, and good afternoon, everyone, and welcome to the Conifex call covering our fourth quarter and full year 2022 results. Let's quickly deal with a housekeeping item. We will be making forward-looking statements and references to non-IFRS measures, and therefore, call your attention to the warning statement on Pages 1 and 2 of the MD&A we distributed earlier today.

Our fourth quarter results were exactly in line with the guidance we provided on our November 8, call. Back then, we stated that we anticipated recording business interruption insurance proceeds in our Q4 income statement in an amount that would slightly more than offset potential losses at our sawmill complex. And we expected that our full year EBITDA and net income would be within 10% of

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