Positive Operating Cash Flow
Interfor achieved a positive operating cash flow of $144 million despite a challenging market environment with low lumber prices.
Synergy Achievements
Significant synergy achievements were made with log and lumber inventory targets, achieving year-over-year reductions of 25% and 16%, respectively.
Planer Project Completion
Successfully completed a new planer project at the Thomaston, Georgia mill, meeting all KPI targets within 30 operating days.
Improved EBITDA
All operating regions in Canada and the U.S. were EBITDA positive, resulting in an adjusted EBITDA of $80 million for Q4.
Reduction in Financial Leverage
Financial leverage remained flat at 36% quarter-over-quarter, with available liquidity growing to over $380 million.
Completion of Divestitures
Continued divestiture of B.C. coast tenures, executing eight tenure sales for gross proceeds of $67 million.