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Article: Boise Cascade Holdings Reports First Quarter 2009 Financial Results.
- Article from:
- PR Newswire
- Article date:
- May 7, 2009
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BOISE, Idaho, May 7 /PRNewswire/ -- Boise Cascade Holdings, L.L.C. (BC Holdings or Company) announced a net loss of $88.2 million for the quarter ended March 31, 2009. Approximately $40.0 million of the quarterly loss was related to noncash charges associated with the Company's equity investment in Boise Inc.
In first quarter 2009, BC Holdings' building products subsidiary, Boise Cascade, L.L.C., reported negative earnings before interest, taxes, depreciation, and amortization ("EBITDA") of $31.3 million, which included the negative impact of $5.0 million of expenses related to the indefinite curtailment of its La Grande, Oregon, lumber operation. The Company ...