Manageable LeverageA low debt-to-equity ratio provides financial flexibility and lowers refinancing risk, enabling GFP to absorb cyclical losses and fund targeted investments. This balance sheet capacity supports execution of capital projects and market diversification without immediate reliance on dilutive financing.
Chapleau Capital UpgradesNew saw line, planer, boiler and cogeneration upgrades that raise drying capacity and cut downtime create durable productivity gains. With an under-3-year payback and full benefits expected by Q1 2026, these improvements should sustainably lower unit costs and uplift mill-level margins.
Cost Discipline & LiquidityImproved excess liquidity paired with SG&A discipline (reported at $32/MBF) reflects tight cash management. This buffer reduces short-term refinancing risk, funds near-term capex completion, and increases runway to achieve operational recoveries before material cash generation resumes.