Interfor's 4Q net earnings increased to $36.2 million from $26.6 million a year ago

Market: Lumber
Posted February 9, 2018
Interfor Corporation (“Interfor”) recorded net earnings in 4Q 2017 of $36.2 million, compared to $16.8 million in 3Q 2017 and $26.6 million in 4Q 2016. 4Q 2017 sales were $533 million and EBITDA was $90 million, as the company said in the press release received by Lesprom Network.

Adjusted net earnings in 4Q 2017 were $45.1 million, compared to $20 million in 3Q 2017 and $17.7 million in 4Q 2016. Adjusted EBITDA was a record $89.5 million on sales of $532.8 million in 4Q 2017 versus $60.5 million on sales of $489.2 million in 3Q 2017.
For the year, net earnings were $97.2 million, compared to $65.6 million in 2016. Adjusted EBITDA and sales were both records at $287.8 million and $2 billion, respectively.

Interfor is a growth-oriented lumber company with operations in Canada and the United States. The Company has annual production capacity of approximately 3.1 billion board feet.


Tags: Interfor

Topics: Finance

Comments

To like this you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
To leave comments you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
We welcome comments that advance the story through relevant opinion and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Lesprom Network. For more information on our comment policy, see: http://www.lesprom.com/legal/comment_policy/
Back to top