RemaSawco receives an order from ATA Timber for just over SEK 2.2 million ($201,281). Delivery, installation and commissioning are planned for the last quarter of 2024.
Schnittholz
Leveraging Canfor’s experience and expertise, and with an anticipated further $50 million in planned upgrades, production capacity is expected to increase to 175 million board feet per year.
Loss narrows from previous quarter; European operations show resilience.
Goodfellow Inc. reported a net loss of $108 thousand or $0.01 per share compared to a net loss of $211 thousand or $0.02 per share a year ago.
The temporary curtailments will impact all of Interfor’s operating regions, including the US South, through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules and extended maintenance shut-downs.
In the week ending April 19, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$408 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by -$44, or -10%, from the previous week when it was $452.
Company expects lumber prices to stabilize and has adjusted its market outlook for 2024 in response to softer demand forecasts.
PotlatchDeltic Corporation's generated total adjusted EBITDDA was $29.7 million and total adjusted EBITDDA margin was 13% in the Q1 2024.
The Madison’s Lumber Prices Index for the week ending April 26, 2024 was US$433 mfbm. This is down by -2.5%, or -$11, from the previous week when it was US$444.
Canadian lumber leads with significant growth.
Adjusted EBITDA for Q1 2024 was $352 million, compared with $395 million for the same period last year and $321 million for Q4 2023.
Eric Knox will focus on expanding the reach and enhancing the sales strategies within the Lumber and Building Materials (LBM) division.
Non-IFRS measure normalized EBITDA margin decreased to 20% for the year ended December 31, 2023 from 25% for the year ended December 31, 2022. This decrease was mainly due to decreased gross margins and increased operating costs.
Operating profit falls amid lower paper prices.
The era of steep commodity price falls triggered by the pandemic and subsequent recovery phases seems to be concluding.
Operating profit for the financial year 2023 increased from the previous year’s Euro 2.2 million to Euro 4.2 million.
Cash flow from operating activities in the Q1 2024 amounted to SEK -226 million ($2.4 million).
Exports of lumber from New Zealand rose 1.7%.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
This figure is still lower than the Q1 2022 production volume.