Interfor Corporation reports 3Q net loss of $35.6 million

Market: Lumber
Posted November 8, 2019
Interfor Corporation (“Interfor”) recorded a net loss in 3Q 2019 of $35.6 million, or $0.53 per share, compared to a net loss of $11.2 million, or $0.17 per share in 2Q 2019 and net earnings of $28.2 million, or $0.40 per share in 3Q 2018.

Adjusted net loss in 3Q 2019 was $11.8 million compared to an Adjusted net loss of $16.2 million in 2Q 2019 and Adjusted net earnings of $28.3 million in 3Q 2018.

Adjusted EBITDA was $16.8 million on sales of $486.5 million in 3Q 2019 versus $12.6 million on sales of $481.3 million in 2Q 2019.

Interfor is a growth-oriented lumber company with operations in Canada and the United States. 

+7 499 6535608
Ordzhonikidze, 11 109028 Moscow, Russia

Tags: Interfor

Topics: Finance

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