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Catalyst posts improved results but market challenges persist


🞛 This publication is a summary or evaluation of another publication
Selected Financial Highlights ------------------------------------------------------------------------- (In millions of dollars, except where otherwise stated) ------------------------------------------------------------------------- 2009 ------------------------------------------------------------------------- YTD Q3 Q2 Q1 ------------------------------------------------------------------------- Sales $ 907.4 $ 263.4 $ 291.5 $ 352.5 Operating earnings (loss) (18.5) (13.0) (29.7) 24.2 EBITDA(1) 90.1 22.9 6.1 61.1 - before specific items(1) 106.6 22.9 18.4 65.3 Net earnings (loss) 32.3 13.2 (1.9) 21.0 - before specific items(1) (36.8) (19.8) (25.6) 8.6 EBITDA margin(1) 9.9% 8.7% 2.1% 17.3% - before specific items(1) 11.7% 8.7% 6.3% 18.5% ------------------------------------------------------------------------- Net earnings (loss) per share (in dollars) - basic and diluted $ 0.08 $ 0.03 $ (0.01) $ 0.06 - before specific items (in dollars) - basic and diluted(1) (0.09) (0.05) (0.06) 0.02 ------------------------------------------------------------------------- ------------------------------------------------------------------------- (In millions of dollars, except where otherwise stated) ------------------------------------------------------------------------- 2008 ------------------------------------------------------------------------- TOTAL Q4 Q3 Q2 Q1 ------------------------------------------------------------------------- Sales $ 1,849.4 $ 492.2 $ 504.8 $ 452.9 $ 399.5 Operating earnings (loss) (157.4) 11.5 14.0 (153.3) (29.6) EBITDA(1) 159.4 64.7 53.1 29.5 12.1 - before specific items(1) 189.5 65.9 66.2 30.7 26.7 Net earnings (loss) (221.1) (48.5) (10.9) (124.3) (37.4) - before specific items(1) (28.0) 9.3 7.2 (22.7) (21.8) EBITDA margin(1) 8.6% 13.1% 10.5% 6.5% 3.0% - before specific items(1) 10.2% 13.4% 13.1% 6.8% 6.7% ------------------------------------------------------------------------- Net earnings (loss) per share (in dollars) - basic and diluted $ (0.66) $ (0.13) $ (0.03) $ (0.34) $ (0.17) - before specific items (in dollars) - basic and diluted(1) (0.08) 0.02 0.02 (0.06) (0.10) ------------------------------------------------------------------------- (1) EBITDA, EBITDA before specific items, EBITDA margin, EBITDA margin before specific items, net earnings (loss) before specific items, and net earnings (loss) per share before specific items are non-GAAP measures. EBITDA margin and EBITDA margin before specific items are defined as EBITDA and EBITDA before specific items as a percentage of sales and adjusted sales, respectively. Refer to Q3 2009 MD&A - Section 8, "Non-GAAP Measures" for further details.