Q4 2018 Conifex Timber Inc Earnings Call Transcript
Good morning, ladies and gentlemen. Welcome to the Fourth Quarter 2018 Conifex Timber Results Conference Call.
I would now like to turn the meeting over to Mr. Ken Shields, CEO. Please go ahead, Mr. Shields.
Well, thank you, Simon, and good morning, everyone, and welcome to our call covering Q4 and our full year 2018 results. CFO, Yuri Lewis; and EVP, Hans Thur, are with me, and all 3 of us are available to respond to your questions at the end of this call.
We will be making forward-looking statements and references to non-IFRS measures. And therefore, I call your attention to the disclaimer on the second slide.
Furthermore, we'll be making references to adjusted EBITDA. And that's our EBITDA adjusted for the noncash impact of foreign exchange translation gains or losses on U.S. dollar denominated long-term debt. Most of our long-term debt is in U.S. dollars because most of our borrowings were incurred to fund the development of our lumber business in the U.S.
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