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Adjusted EBITDA loss of $69 million and Net Loss of $72 million BURNABY, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q4’22 of $72.2 million, or $1.40 per s...
Interfor ( OTCPK:IFSPF ) (TSX: IFP) on Wednesday said it plans to reduce its lumber production output in the first quarter of 2023 by at least 100 million board feet, or 8% of quarterly capacity. The company cited economic conditions and market uncertainty as reasons for the impa...
BURNABY, British Columbia, Jan. 11, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced plans to reduce its lumber production output in the first quarter of 2023 by at least 100 million board feet, or 8% of quarterly cap...
Analyst Conference Call – 8:00 a.m. Pacific, Friday, February 10, 2023 BURNABY, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its fourth quarter and fiscal 2022 financia...
Interfor Corporation (IFSPF) Q3 2022 Earnings Conference Call November 4, 2022, 11:00 am ET Company Participants Ian Fillinger - President & CEO Rick Pozzebon - EVP & CFO Bart Bender - SVP, Sales & Marketing Conference Call Participants Se...
Interfor press release ( OTCPK:IFSPF ): Q3 Non-GAAP EPS of $0.58. Revenue of $1.03B (+55.1% Y/Y) beats by $393.76M . Adjusted EBITDA was $129.5 million on sales of $1.0 billion in Q3’22 versus $428.6 million on sales of $1.4 billion in Q2’22. Fo...
Interfor press release ( OTCPK:IFSPF ): Q3 GAAP EPS of CAD0.06. Revenue of CAD1.04B (+56.6% Y/Y). Shares -0.06% . For further details see: Interfor GAAP EPS of CAD0.06, revenue of CAD1.04B
Interfor ( OTCPK:IFSPF ) ( TSX: IFP:CA ) will acquire 100% of Chaleur Forest Products for CAD325M, on a cash and debt free basis. IFSPF has reached an agreement with an affiliate of the Kilmer Group for the acquisition. The purchase price includes ~CAD31M of n...
Summary While still outperforming the REIT Index this year, timber and farmland REITs have pulled back amid cooling inflation expectations, slumping global commodity demand, and regional weather complications. A hedge on chaos? Amid indications that the Russia-Ukraine conflict may...
Summary We theorised that a slowdown in the goods boom will open bottlenecks and offset the slowdown headwinds, and we're seeing a bit of that. Other positives are that BC production is beginning to come permanently offline which is good for supply dynamics. Overall, we really...
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BURNABY, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced the voting results for the election of its Board of Directors, which took place at the Company’s Annual General Meeting held t...
Adjusted EBITDA loss of $22 million and Net Loss of $73 million BURNABY, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q1’24 of $72.9 million, or $1.42 per sh...
BURNABY, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced plans to reduce its lumber production by approximately 175 million board feet between May and September of 2024, representing...