Schnittholz

Q2 2024 Adjusted EBITDA was $272 million compared to $200 million in the Q1 2024.

Exports of lumber from Thailand decreased 7%.

Adjusted EBITDA for Q2 2024 was $410 million, compared with $469 million for the same period last year and $352 million for Q1 2024.

Operating profit totalled SEK 398 million ($36.7 million), representing an operating margin of 5%. Return on capital employed was 8% and the equity ratio was 60%.

The production index for sawmills and wood preservation industries fell 4.3% in the Q1 2024, after also falling 4.3% during the previous quarter. Compared to a year ago, production was 3.8% lower at the start of 2024.

Stora Enso has also appointed Carolyn Wagner Executive Vice President, Packaging Solutions division.

Kodiak Building Partners expands Pacific Northwest market position with this acquisition.

Canfor is also announcing the appointment of Susan Yurkovich as the Company’s next CEO. Ms. Yurkovich’s appointment as CEO will take effect January 1, 2025.

In the week ending July 12, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$332 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down -$14, or -4%, from the previous week when it was $346.

Price for lumber exported from Finland to China gained 2%.

The Madison’s Lumber Prices Index for the week ending July 19, 2024 was US$367 mfbm. This is down -0%, or -$2, from the previous week when it was US$369.

The property market, once a major growth engine, continues to flounder, impacting not only domestic consumption but also the demand for construction materials.

Price for lumber exported from New Zealand slipped 0.6%.

Exports of lumber from Thailand to China decreased 7%.

Weyerhaeuser operates at least five facilities in North Carolina, including a distribution center in Charlotte.

Sveaskog’s Q2 operating profit increased by 8%.

Exports of lumber from Lithuania grew 11%.

Exports of lumber from Latvia expanded 6%.