Interfor Corporation recorded net earnings in 2Q 2021 of $419.2 million, or $6.45 per share, compared to $264.5 million, or $4.01 per share in 1Q 2021 and $3.2 million, or $0.05 per share in 2Q 2020. Adjusted net earnings in 2Q 2021 were $433.5 million compared to $270.6 million in 1Q 2021 and $10.6 million in 2Q 2020.
Adjusted EBITDA was $611.3 million on sales of $1.1 billion in 2Q 2021 versus $392.1 million on sales of $849.3 million in 1Q 2021. $484.5 million of cash flow was generated from operations before changes in working capital, or $7.46 per share.
Total lumber production in 2Q 2021 was 716 million board feet, representing an increase of 29 million board feet quarter-over-quarter and setting an Interfor production record. The U.S. South and U.S. Northwest regions accounted for 387 million board feet and 137 million board feet, respectively, compared to 338 million board feet and 141 million board feet in 1Q 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.
