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"INTERTAPE POLYMER GROUP INC.

FIRST QUARTER 2008 EARNINGS RESULTS"

 

 

                                          

DIGITIZED REPLAY

INTERTAPE POLYMER GROUP
1st QUARTER EARNINGS RESULTS 
CONFERENCE CALL CONFIRMATION # 922566

Forward-Looking  Statements
Certain statements made during the conference call, including statements regarding the business and anticipated financial performance of the Company, constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements.  Among the factors that could cause actual results to differ from the forward-looking statements include, but are not limited to, inflation and general economic conditions changes in the level of demand for the Company’s products, competitive pricing pressures, general market trends, failure to achieve planned cost savings, restrictions and limitations placed on the Company by its debt instruments, international risks including exchange rate fluctuations, trade disruptions, and political instability of foreign markets that the Company produces in or purchase materials from, and the availability and price of raw materials.  Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC and Canadian securities filings. The Company undertakes no duty to update its forward-looking statements, including its earnings outlook. During this call, the Company may reference certain non-GAAP financial measures as defined under SEC rules, including operating profit and EBIDTA, which is earnings before interest, taxes, depreciation and amortization. The Company believes the non-GAAP financial measures will permit investors to make more meaningful comparisons of the Company’s performance between the periods presented. In addition, the Company’s covenants contained in the loan agreements with its lenders and bondholders require certain debt-to-EBITDA ratios be maintained, thus EBITDA is used by Management and the Company’s lenders and bondholders in evaluating the Company’s performance. As required by the SEC, the Company has provided reconciliations of those measures to the most directly comparable GAAP measures in its filings.

Intertape Polymer Group Inc.
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