The earnings call highlighted Interfor's strategic financial management and cost discipline but was overshadowed by significant challenges, including increased U.S. duties, substantial lumber price weakness, and production curtailments leading to an EBITDA loss.
Company Guidance
During the Interfor analyst conference call for Q3 of Fiscal Year 2025, the company provided guidance on several key metrics amidst a challenging market environment. The company announced a reduction of approximately 250 million board feet of lumber for Q4, representing about 26% compared to Q2 volumes, as a response to the persistently weak price environment caused by economic uncertainty and housing affordability concerns. Interfor reported an adjusted EBITDA loss of $36 million, excluding non-cash duty-related adjustments, on total revenue of $689 million, reflecting a 12% quarter-over-quarter revenue drop. This was driven by a 6% increase in the volume of lumber shipped, a 10% decrease in the average realized lumber price, particularly in Southern Yellow Pine, and slightly weaker U.S. dollar. Production costs per unit of lumber increased by 2% quarter-over-quarter. The company also noted that the combined antidumping and countervailing duties imposed on lumber shipments from Canada rose from 14.4% to over 35%, impacting around 25% of Interfor's total lumber shipments. Despite these challenges, Interfor has strengthened its balance sheet with a recent equity raise generating $144 million of gross proceeds, resulting in financial leverage of 35.2% as measured by net debt to invested capital, and available liquidity of $386 million by the end of Q3. Looking ahead, Interfor anticipates improvements in economic indicators starting in 2026, with continued upward trends in 2027, and remains committed to aligning production with market realities in a disciplined and proactive way.
Equity Raise and Financial Flexibility
Interfor completed a bought deal equity offering generating $144 million of gross proceeds, increasing financial flexibility with financial leverage at 35.2% and available liquidity of $386 million.
Cost Discipline and Top Quartile EBITDA Margins
Interfor maintained top quartile EBITDA margins and focused on cost discipline, optimizing their portfolio for operations that support industry-leading margins.
Interfor (TSE:IFP) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:IFP Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2025
C$7.89
C$7.97
+1.01%
Aug 07, 2025
C$12.26
C$12.73
+3.83%
May 08, 2025
C$14.06
C$13.89
-1.21%
Feb 13, 2025
C$15.58
C$16.78
+7.70%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Interfor Corporation (TSE:IFP) report earnings?
Interfor Corporation (TSE:IFP) is schdueled to report earning on Feb 05, 2026, TBA (Confirmed).
What is Interfor Corporation (TSE:IFP) earnings time?
Interfor Corporation (TSE:IFP) earnings time is at Feb 05, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.