Interfor Corporation recorded net earnings in 1Q 2018 of $33 million, or $0.47 per share, compared to $36.2 million, or $0.52 per share in 4Q 2017 and $19.7 million, or $0.28 per share in 1Q 2017.

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Interfor reports 1Q net earnings of $33 million

Interfor Corporation (“Interfor”) recorded net earnings in 1Q 2018 of $33 million, or $0.47 per share, compared to $36.2 million, or $0.52 per share in 4Q 2017 and $19.7 million, or $0.28 per share in 1Q 2017.

Adjusted net earnings in 1Q 2018 were $36.8 million or $0.52 per share, compared to $45.1 million, or $0.64 per share in 4Q 2017 and $22.7 million, or $0.32 per share in 1Q 2017.

Adjusted EBITDA was $81.1 million on sales of $527.6 million in 1Q versus $89.5 million on sales of $532.8 million in 4Q 2017.

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