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Tree Island Steel Announces Q3 2017 Results

Q3 2017 Financial Highlights(1)

Volumes of 42,871 tons were in line with the same period last year(2)

Revenues increased by 2.8% to $55.6 million when compared to the same period last year(2)

Gross profit amounted to $2.3 million

EBITDA totalled -$1.5 million

YTD 2017 Financial Highlights

Volumes increased by 2.4% to 139,843 tons when compared to last year(2)

Revenues increased by 4.1% to $180.1 million when compared to last year(2)

Gross profit amounted to $15.7 million

EBITDA totalled $5.1 million