Interfor Corporation (“Interfor”) recorded net earnings in 2Q 2018 of $63.8 million, or $0.91 per share, compared to $33 million, or $0.47 per share in 1Q 2018 and $24.5 million, or $0.35 per share in 2Q 2017.
Adjusted net earnings in 2Q 2018were $68.9 million or $0.98 per share, compared to $36.8 million, or $0.52 per share in 1Q 2018 and $28.7 million, or $0.41 per share in 2Q 2017.
Adjusted EBITDA was a record $123.8 million on sales of $619.9 million in 2Q 2018 versus $81.1 million on sales of $527.6 million in 1Q 2018.
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 and offers one of the most diverse lines of lumber products to customers around the world.
