Interfor Corporation recorded net earnings in 2Q 2016 of C$23.2 million ($17.8 million), compared to C$0.8 million ($0.6 million) in 1Q 2016. Adjusted net earnings in 2Q 2016 were C$20.9 million ($16 million), compared to C$2.6 million ($2 million) in 1Q 2016, as the company said in the press release received by Lesprom Network.
Adjusted EBITDA was C$56.9 million ($43.8 million) on sales of C$458.8 million ($352.9 million) in 2Q 2016, versus Adjusted EBITDA of C$33.4 million ($25.7 million) on sales of C$433.9 million ($333.8 million) in 1Q 2016.
Lumber production in 2Q 2016 was 637 million board feet versus 618 million board feet in 1Q 2016.
Interfor is a growth-oriented lumber company with operations in Canada and the United States. The Company has annual production capacity of approximately 3 billion board feet and offers one of the most diverse lines of lumber products to customers around the world.
