Interfor Corporation recorded net earnings in Q1 2017 of $19.7 million, or $0.28 per share, compared to $26.6 million, or $0.38 per share in Q4 2016 and $0.8 million, or $0.01 per share in Q1 2016.

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Interfor Corporation recorded 1Q net earnings of $19.7 million

Interfor Corporation recorded net earnings in Q1 2017 of $19.7 million, or $0.28 per share, compared to $26.6 million, or $0.38 per share in Q4 2016 and $0.8 million, or $0.01 per share in Q1 2016.

Adjusted net earnings in Q1 2017 were $22.7 million or $0.32 per share, compared to $17.7 million, or $0.25 per share in Q4 2016 and $2.7 million, or $0.04 per share in Q1 2016.

Adjusted EBITDA was $60.3 million on sales of $456.8 million in Q1 2017 versus $51.3 million on sales of $442.3 million in Q4 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.