TRANSCRIPT: Fortress Global – 1Q 2019
OAKLAND, CA, May 15, 2019 (RISI) -The transcript of Fortress Global’s first quarter 2019 financial results conference call on May 15, 2019, with CEO Giovanni Iadeluca, is now available at Seeking Alpha.
EXCERPT: Fortress Global reported 2019 first quarter operating loss of $9.7 million. The Dissolving Pulp segment incurred operating loss of $8.8 million. The company invested $800,000 in the Bioproducts segment, which was offset by grants and funding, and corporate costs were $900,000 in the first quarter of 2019.
… mill stability continued to improve. However, due to a combination of factors, such as multiple and unusual region-wide electrical outages as ...