Interfor Corporation (“Interfor”) recorded net earnings of $111.7 million, or $1.60 per share, in 2018, compared to $97.2 million, or $1.39 per share in 2017. Adjusted EBITDA was $280.4 million on record annual sales of $2.2 billion, as the company said in the press release received by Lesprom Network.
Interfor recorded a net loss in Q4 2018 of $13.2 million, or $0.19 per share, compared to net earnings of $28.1 million, or $0.40 per share in Q3 2018 and $36.2 million, or $0.52 per share in Q4 2017. Adjusted
net loss in Q4 2018 was $19.8 million compared to Adjusted net earnings of $28.2 million in Q3 2018 and $45.1 million in Q4 2017.
Adjusted EBITDA was $6.2 million on sales of $468.5 million in Q4 2018 versus $69.4 million on sales of $570.5 million in Q3 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.
