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Financial Results > Canada

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Conifex announces record Q2 results
Conifex Timber Inc. (TSX:CFF) today reported results for the second quarter ended June 30, 2017. Adjusted EBITDA in the second quarter of 2017, which excludes countervailing duty ("CVD") deposits of $4.6 million, was a record $14.8 million, compared to $6.1 million in the first quarter of 2017 and $9.0 million in the second quarter of 2016. Compared to the previous quarter, an improvement in lumber segment adjusted EBITDA of $10.3 million was partially offset by seasonally lower bioenergy segment adjusted EBITDA and foreign exchange translation loss. Compared to the second quarter of 2016, lumber segment adjusted EBITDA improved by $6.7 million and bioenergy segment adjusted EBITDA was lower by $0.6 million. For more, click here...
8/11/2017


Interfor reports Q2 results
Interfor Corporation ("Interfor" or "the Company") (TSX:IFP) recorded net earnings in Q2'17 of $24.5 million, or $0.35 per share, compared to $19.7 million, or $0.28 per share in Q1'17 and $23.2 million, or $0.33 per share in Q2'16. Adjusted net earnings1 (which takes into account the effects of share-based compensation expense and non-recurring items) in Q2'17 were $28.7 million or $0.41 per share, compared to $22.7 million, or $0.32 per share in Q1'17 and $17.5 million, or $0.25 per share in Q2'16. For more, click here...
8/4/2017


Western Forest Products announces 2Q results
Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported adjusted EBITDA of $47.1 million in the second quarter of 2017, compared to adjusted EBITDA of $43.0 million in the second quarter of 2016, and $34.0 million reported in the first quarter of 2017. Net income of $25.6 million ($0.06 per diluted share) was reported for the second quarter of 2017, as compared to $23.8 million ($0.06 per diluted share) for the second quarter of 2016 and $16.2 million ($0.04 per diluted share) in the previous quarter. Adjusted EBITDA and net income were reduced by $9.2 million of export duties expensed in the second quarter of 2017. For more, click here...
8/3/2017


Resolute reports 2Q results
Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported a net loss for the quarter ended June 30, 2017, of $74 million, or $0.82 per share, compared to a net loss of $42 million, or $0.47 per share, in the same period in 2016. Sales were $858 million in the quarter, down $33 million, or 4%, from the second quarter of 2016. Excluding special items, the company reported a net loss of $3 million, or $0.03 per share, compared to net income, excluding special items, of $2 million, or $0.02 per share, in the second quarter of 2016. For more, click here...
8/3/2017


Norbord reports 2Q results; increases quarterly dividend
Norbord Inc. (TSX and NYSE: OSB) today reported Adjusted EBITDA of $165 million for the second quarter of 2017 versus $94 million in the second quarter of 2016 and $103 million in the first quarter of 2017. The improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment volumes. North American operations generated Adjusted EBITDA of $157 million compared to $85 million in the same quarter last year and $102 million in the prior quarter. For more, click here...
7/28/2017


Canfor reports 2Q financial results
Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $81.3 million, or $0.61 per share, for the second quarter of 2017, compared to shareholder net income of $66.1 million, or $0.50 per share, for the first quarter of 2017 and a net income attributable to shareholders of $36.0 million, or $0.27 per share, for the second quarter of 2016. For the six months ended June 30, 2017, the Company’s shareholder net income was $147.4 million, or $1.11 per share, compared to $62.0 million, or $0.47 per share, for the six months ended June 30, 2016. For more, click here...
7/27/2017


Tembec reports financial results for third fiscal quarter
Consolidated sales for the three-month period ended June 24, 2017, were $419 million, as compared to $376 million in the same quarter a year ago. The Company generated net earnings of $17 million or $0.17 per share in the June 2017 quarter compared to net earnings of $9 million or $0.09 per share in the June 2016 quarter. Operating earnings before depreciation, amortization, and other items (adjusted EBITDA) was $59 million for the three-month period ended June 24, 2017, as compared to adjusted EBITDA of $26 million a year ago and adjusted EBITDA of $54 million in the prior quarter. For more, click here...
7/26/2017


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