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Ernst & Young Inc. will serve as the Court-appointed Monitor as part of the CCAA proceedings. For more information, including documents relating to the CCAA proceedings, please visit ey.com/ca/armtec.
Please note that this information may contain forward-looking statements about the Company’s future financial performance, which may differ materially from actual results. The Company specifically disclaims any obligation to update this information. For further information on the Company’s business, risks and uncertainties, please review the Company’s most recently issued Annual Information Form (AIF) or other regulatory filings at www.sedar.com.
¹Earnings before Interest, Taxes, Depreciation and Amortization (“EBITDA”) References to EBITDA are to earnings before interest, taxes (other than capital taxes), depreciation and amortization, certain non-recurring expenses and certain non-cash amounts resulting from purchase accounting. EBITDA is not a recognized measure under Canadian Generally Accepted Accounting Principles (“GAAP or IFRS”). Investors are cautioned that EBITDA should not be construed as an alternative to net and comprehensive earnings determined in accordance with GAAP as an indicator of the Company’s performance or as an alternative to cash flows from operating, investing and financing activities as a measure of the Company’s liquidity and cash flows. The Company’s method of calculating EBITDA may differ from the methods used by other issuers and, accordingly, the Company’s EBITDA may not be comparable to similarly named measures used by other issuers.
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