Interfor Corporation recorded net earnings in 3Q 2021 of $65.6 million, or $1.05 per share, compared to $419.2 million, or $6.45 per share in 2Q 2021 and $121.6 million, or $1.81 per share in 3Q 2020. Adjusted net earnings in 3Q 2021 were $46.7 million compared to $433.5 million in 2Q 2021 and $140 million in 3Q 2020.
Adjusted EBITDA was $93.9 million on sales of $664.3 million in 3Q 2021 versus $611.3 million on sales of $1.1 billion in 2Q 2021.
Total lumber production in 3Q 2021 was 731 million board feet, representing an increase of 15 million board feet quarter-over-quarter and setting an Interfor production record. The U.S. South and U.S. Northwest regions accounted for 411 million board feet and 156 million board feet, respectively, compared to 387 million board feet and 137 million board feet in 2Q 2021.
Interfor is a growth-oriented forest products company with operations in Canada and the United States. The Company has annual production capacity of approximately 3.9 billion board feet and offers a diverse line of lumber products.
