Interfor Corporation (“Interfor”) recorded net earnings in 3Q 2016 of $15.1 million, or $0.22 per share, compared to $23.2 million, or $0.33 per share in 2Q 2016. Adjusted EBITDA was $58.1 million on sales of $457.6 million in 3Q, versus Adjusted EBITDA of $56.9 million on sales of $458.8 million in 2Q 2016.

Lumber

Interfor increased 3Q adjusted EBITDA to $58.1 million

Interfor Corporation (“Interfor”) recorded net earnings in 3Q 2016 of $15.1 million, or $0.22 per share, compared to $23.2 million, or $0.33 per share in 2Q 2016. Adjusted net earnings in 3Q 2016 were $22.8 million, or $0.33 per share, compared to $20.9 million, or $0.30 per share, in 2Q 2016, as the company said in the press release received by Lesprom Network.

Adjusted EBITDA was $58.1 million on sales of $457.6 million in 3Q, versus Adjusted EBITDA of $56.9 million on sales of $458.8 million in 2Q 2016.

Lumber production in 3Q 2016 was 628 million board feet versus 637 million board feet in 2Q.

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.