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Resolute Reports Preliminary First Quarter 2021 Results


Resolute Reports Preliminary First Quarter 2021 Results
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Adjusted EBITDA of $221 million
Net debt at $449 million / liquidity at $653 million at quarter-end
Repurchased 1.7 million shares in Q1 (2%) / 8.7 million in last twelve months (10%)
Recent U.S. pension relief measures to improve free cash flow by approx. $30 million/year
Target to reduce GHG emissions by 30% against 2015 levels by 2025
MONTRÉAL, April 29, 2021 /PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended March 31 of $87 million, or $1.06 per diluted share, compared to net loss of $1 million, or $0.01 per share, in the same period in 2020. Sales were $873 million in the quarter, an increase of $184 million from the year-ago period. Excluding special items, the company reported net income of $119 million, or $1.45 per diluted share, compared to a net loss of $29 million, or $0.33 per ....

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