BOISE, ID -- Boise Cascade Holdings LLC (BC Holdings) announced net income of $4.3 million for the quarter ended June 30, 2010.
BC Holdings' building products subsidiary, Boise Cascade LLC, reported Q2 earnings before interest, taxes, depreciation, and amortization (EBITDA) of $18.8 million. This compared to negative EBITDA of $1.8 million in first quarter 2010 and negative EBITDA of $3.5 million in second quarter of 2009.
"I am pleased that we were able to report stronger results compared to prior year, and that our liquidity position remains strong," said Tom Carlile, CEO. "We benefited from higher commodity pricing compared to prior year. In addition, we continue to see the benefits of our efforts in controlling cost and aligning production to the realities of the low demand environment that continues to persist."
Read Boise Cascade's press release.
BC Holdings' building products subsidiary, Boise Cascade LLC, reported Q2 earnings before interest, taxes, depreciation, and amortization (EBITDA) of $18.8 million. This compared to negative EBITDA of $1.8 million in first quarter 2010 and negative EBITDA of $3.5 million in second quarter of 2009.
"I am pleased that we were able to report stronger results compared to prior year, and that our liquidity position remains strong," said Tom Carlile, CEO. "We benefited from higher commodity pricing compared to prior year. In addition, we continue to see the benefits of our efforts in controlling cost and aligning production to the realities of the low demand environment that continues to persist."
Read Boise Cascade's press release.
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