Investor Presentaiton
•
·
OTHER KEY
POINTS
Q4 2023 Financial Results
$658M
Liquidity
Ending cash $222M
Full availability of $550M credit facility
$772M in total liquidity at year end
Capacity to Enable Growth
Sagola, Mich. Siding Conversion (Q1
2023)
·
Wawa, Ontario (Q2 2023)
Bath, N.Y. Prefinish (Q4 2023)
Outstanding Safety
© 2023 TIR 0.5
$129M
$159M
Net Sales
(7)%
(14)%
Adj. EBITDA¹
29%
Op. CF
$118M
$0.71
Adj. EPS1
$0.10
$17M
$17M
$64M
Siding Growth
OSB Price Impact
11%
Dividends
Capital
Expenditures
FY 2023 Financial Results
$478M
$2.6B
Net Sales
(33)%
Adj. EBITDA¹
(66)%
$316M
LP BUILDING
SOLUTIONS
(10)%
Siding Growth
$(793)M
OSB Price Impact
(41)%
Op. CF
$(828)M
$69M
Dividends
$3.22
Adj. EPS1
$(8.55)
$300M
Capital
Expenditures
1 This is a non-GAAP financial measure. See "Statement Relating to the Use of Non-GAAP Financial Measures" and "Reconciliation of Net Income to
Non-GAAP Adjusted EBITDA" and "Reconciliation of Net Income to Non-GAAP Adjusted Income and Adjusted Diluted EPS"
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