Reno De Medici - Cascades
Reno De Medici - Cascades
Reno De Medici - Cascades
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(M $)<br />
140<br />
130<br />
120<br />
110<br />
100<br />
90<br />
80<br />
70<br />
60<br />
50<br />
40<br />
Q1 2007<br />
86<br />
Q2 2007<br />
87<br />
CONCLUSION<br />
95<br />
82<br />
59<br />
EBITDA excluding specific items. CAN GAAP.<br />
Q3 2007<br />
Q4 2007<br />
Q1 2008<br />
EBITDA<br />
Q2 2008<br />
63<br />
Q3 2008<br />
88<br />
Q4 2008<br />
96<br />
Q1 2009<br />
107<br />
Q2 2009<br />
121<br />
Q3 2009<br />
127<br />
Q4 2009<br />
110<br />
<strong>Cascades</strong> will:<br />
1. Improve financial flexibility through:<br />
• Proactive measures on under-performing<br />
assets;<br />
• Improved working capital management.<br />
2. Invest diligently in core businesses to<br />
optimize and modernize.<br />
Strong performance during the recent economic downturn<br />
and clear, committed and unified strategy.<br />
18
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