Canfor Corp. ( (CFPZF) ) has released its Q2 earnings. Here is a breakdown of the information Canfor Corp. presented to its investors.
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Canfor Corporation, a global leader in manufacturing high-value forest products, reported a challenging second quarter of 2025, with significant losses attributed to weak North American lumber markets and global economic uncertainties. The company faced an operating loss of $251 million and a net loss of $203 million, largely due to sustained weak lumber pricing and the permanent closure of two sawmills in South Carolina. Despite solid earnings from its European operations, Canfor’s North American segment struggled with sluggish demand and pricing pressures. The pulp and paper segment also faced difficulties, with an operating loss driven by declining demand from China and increased manufacturing costs. Looking ahead, Canfor remains focused on leveraging its diversified global operations to navigate ongoing market challenges and improve financial performance.