News within the industry of pulp and paper, Feb, 25 2018
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Interfor reports Q4’17 results

Photo: Interfor
Photo: Interfor
Published by
Simon Matthis - 12 Feb 2018

Interfor recorded net earnings in Q4’17 of $36.2 million, or $0.52 per share, compared to $16.8 million, or $0.24 per share in Q3’17 and $26.6 million, or $0.38 per share in Q4’16. Adjusted net earnings1  in Q4’17 were $45.1 million or $0.64 per share, compared to $20.0 million, or $0.29 per share in Q3’17 and $17.7 million, or $0.25 per share in Q4’16.

Adjusted EBITDA1  was a record $89.5 million on sales of $532.8 million in Q4’17 versus $60.5 million on sales of $489.2 million in Q3’17. For the year, net earnings were $97.2 million, or $1.39 per share, compared to $65.6 million or $0.94 per share in 2016. Adjusted EBITDA and sales were both records at $287.8 million and $2.0 billion, respectively.

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