Interfor’s 2Q sales down to $396.8 million

Photo: Interfor

Interfor Corporation recorded net earnings in 2Q 2020 of $3.2 million, or $0.05 per share, compared to $6.3 million, or $0.09 per share in 1Q 2020 and a net loss of $11.2 million, or $0.17 per share in 2Q 2019.

 

Adjusted net earnings were $10.6 million in 2Q 2020 compared to $0.7 million in 1Q 2020 and an Adjusted net loss of $16.2 million in 2Q 2019. Adjusted EBITDA was $42.8 million on sales of $396.8 million in 2Q 2020 versus $36.6 million on sales of $479.6 million in 1Q 2020.

 

Interfor is a growth-oriented lumber company with operations in Canada and the United States. The company has annual production capacity of approximately 3 billion board feet and offers one of the most diverse lines of lumber products.

Source: Lesprom Network