Interfor (OTC) ( (IFSPF) ) has released its Q4 earnings. Here is a breakdown of the information Interfor (OTC) presented to its investors.
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Interfor Corporation is a growth-oriented forest products company with operations in Canada and the United States, offering a diverse line of lumber products to customers worldwide.
In its latest earnings report, Interfor Corporation announced a net loss of $49.9 million in the fourth quarter of 2024, an improvement from previous losses, alongside an adjusted EBITDA of $80.4 million driven by rising lumber prices.
Key financial highlights include a significant increase in lumber prices, resulting in higher average selling prices and improved operating cash flow. The company also maintained a stable financial position with net debt of $861.3 million and enhanced liquidity of $383.0 million. Strategic actions such as the monetization of Coastal B.C. operations and the sale of Quebec sawmills were also notable.
Looking ahead, Interfor anticipates volatility in North American lumber markets due to economic adjustments and geopolitical factors but remains optimistic due to underlying demand fundamentals and its diversified operations in Canada and the U.S.
