Lower pulp prices and exchange rate effects cut consolidated EBITDA margin to 14%, while early signs of recovery appear in short-fiber markets.
业务
Interfor reports $216 million Q3 loss as tariffs, weak prices, and duty adjustments pressure results
Lumber output dropped to 912 million board feet as the company is proceeding with a previously announced 26% production cut; duties expenses rose $147 million, partly offset by a $9 million revaluation gain.
Shipments drop 13.5% as wood manufacturing capacity utilization rises to 73.6%.
New Norupe facility will create 250 jobs and export high-value birch plywood to more than 60 countries.
Third-quarter net income falls to $21.8 million on $1.67 billion in sales, while adjusted EBITDA declines 52% due to lower commodity prices and reduced single-family housing activity.
Operating rate drops to 88.7% as domestic output for plates, dishes and trays rises 14%.
Modernization targets increased production capacity and consistent paper quality at high speeds
Wooden housing declines 2.2%, making up 63% of total starts.
Third-quarter adjusted EBITDA declined 31% to $434 million, with gross margin dropping to 30.4% and net income down 57% to $122 million.
UPM’s sales fell 9% to Euro 2.3 billion as pulp and paper prices declined sharply; the company expects lower margins in H2.
Rising costs, blocked access to road-building materials, and equipment shortage undermine Russia’s forest sector raw material base.
Shipments increased 20.5% from August.
Softwood plywood shipments fall 11.0% while ending inventory climbs 4.3%.
New home prices drop 2.6% as commercial housing sales fall 12% from 2024.
Lumber segment loses $123 million, with $67 million tied to U.S. duties.
Urban and urbanizing counties hold 69% of remaining mill capacity across Oregon, Washington, and northern California.
The facility, which produces structural larch plywood, is located in Amursk, Khabarovsk Krai, and is intended to supply both the Russian market and Southeast Asia.
Shipments fall 4.3% while capacity utilization drops 6 percentage points from June.
Wooden housing makes up 61.5% of total starts despite 6.7% year-over-year drop.
Private forests supply 4.1 million m3 of industrial roundwood, rising 9% from 2024.