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Interfor Q4 Earnings Call Highlights
Interfor logo Key Points Interfor reported negative CAD 29 million adjusted EBITDA in Q4 but achieved break-even cash flow from operations as working capital recovery cut inventories and receivables. At year-end the company had pro forma a…
West Fraser raised at Raymond James as lumber industry conditions begin to improve
[Sawmill] PaulGrecaud/iStock via Getty Images West Fraser Timber (WFG [https://seekingalpha.com/symbol/WFG]) +3.9% in Wednesday's trading as Raymond James upgraded shares to Outperform from Market Perform with a $75 price target, bumped up…
RBC Provides its "Paper & Forest Products 2026 Outlook"
RBC Capital Markets on Thursday provided its "Paper & Forest Products 2026 Outlook". RBC noted th PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news…
CIBC Capital Markets adjusted its rating on Canfor Pulp Products Inc. (CFX.TO), and downgraded Inter PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Interfor appoints Mike Mackay as CFO, Andrew Horahan as COO
* Interfor (IFP:CA [https://seekingalpha.com/symbol/IFP:CA]) on Monday appointed Mike Mackay as Executive Vice President and Chief Financial Officer, effective December 8, 2025. * Mackay, who joined Interfor in 2015, has held several leade…
Interfor announces $125M bought deal offering of common shares.
* Interfor (TSX:IFP:CA [https://seekingalpha.com/symbol/IFP:CA])on Thursday announced [https://seekingalpha.com/pr/20245246-interfor-announces-125-million-bought-deal-offering-of-common-shares]a bought deal offering of 12.43M common shares…
Plunging lumber prices pose warning sign for U.S. economy - WSJ
[Sawmill] PaulGrecaud/iStock via Getty Images Wood prices have plunged 23% since early August and lumber mills are cutting back [https://www.wsj.com/finance/commodities-futures/lumber-prices-are-flashing-a-warning-sign-for-the-u-s-economy-…
Forest products company Interfor (OTCPK:IFSPF [https://seekingalpha.com/symbol/IFSPF]) (TSX:IFP:CA [https://seekingalpha.com/symbol/IFP:CA]) announced [https://seekingalpha.com/pr/20179101-interfor-renews-and-extends-its-credit-facilities-…
Executives at two of North America's lumber producers said they are bracing for volatile wood prices this building season before sharply higher U.S. duties on Canadian lumber kick in. Despite President Trump's threats, his April 2 tariff b…
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Interfor Corporation (TSE:IFP), it sends a favourable message to the company's shareholders. While we…
Investors in Interfor (TSE:IFP) have unfortunately lost 26% over the last year
Interfor Corporation (TSE:IFP) shareholders should be happy to see the share price up 10% in the last month. But that doesn't change the fact that the returns over the last year have been less than pleasing. In fact the stock is down 26% i…
Interfor Corporation BURNABY, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that the Toronto Stock Exchange (“TSX”) has approved the renewal by the Company…
Interfor Corporation Adjusted EBITDA of $32 million and Net Loss of $42 million BURNABY, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q3’23 of $42.…
Interfor Appoints Geoffrey Evans to its Board of Directors
Interfor Corporation BURNABY, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) is pleased to announce the appointment of Geoffrey Evans of Naples, Florida as an independent d…
Interfor to Announce Third Quarter Results on November 2, 2023
Interfor Corporation Analyst Conference Call – 8:00 a.m. Pacific, Friday, November 3, 2023 BURNABY, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its third qu…
Individual investors account for 55% of Interfor Corporation's (TSE:IFP) ownership, while institutions account for 44%
Key Insights The considerable ownership by individual investors in Interfor indicates that they collectively have a greater say in management and business strategy A total of 25 investors have a majority stake in the company with 36% owner…
Interfor Corporation Adjusted EBITDA of $42 million and Net Loss of $14 million BURNABY, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q2’23 of $14.…
Interfor to Announce Second Quarter Results on August 3, 2023
Interfor Corporation Analyst Conference Call – 8:00 a.m. Pacific, Friday, August 4, 2023 BURNABY, British Columbia, July 04, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its second qua…
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Interfor Corporation's (TSE:IFP) instance, it's good news for shareholders. While insider transactions are not…
Investors in Interfor (TSE:IFP) have seen favorable returns of 94% over the past three years
While Interfor Corporation (TSE:IFP) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 15% in the last quarter. But don't let that distract from the very nice retur…
Interfor Appoints Nicolle Butcher to its Board of Directors
Interfor Corporation BURNABY, British Columbia, May 19, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) is pleased to announce the appointment of Nicolle Butcher of Toronto, Ontario as an independent…
Interfor First Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags
Interfor (TSE:IFP) First Quarter 2023 Results Key Financial Results Revenue: CA$829.9m (down 39% from 1Q 2022). Net loss: CA$41.3m (down by 110% from CA$397.0m profit in 1Q 2022). CA$0.80 loss per share (down from CA$6.69 profit in 1Q 2022…
Interfor Reports Voting Results from Annual General Meeting
Interfor Corporation BURNABY, British Columbia, May 04, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced the voting results for the election of its Board of Directors, which took place at the…
Interfor Corporation Adjusted EBITDA of $26 million and Net Loss of $41 million BURNABY, British Columbia, May 04, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q1’23 of $41.3…
Interfor Corporation (TSE:IFP) most popular amongst retail investors who own 58% of the shares, institutions hold 41%
Key Insights The considerable ownership by retail investors in Interfor indicates that they collectively have a greater say in management and business strategy The top 25 shareholders own 35% of the company Recent purchases by insiders If…
Interfor Provides Update on Director Succession Process
Interfor Corporation BURNABY, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) provided an update on its ongoing director succession process. The Company has updated its div…
Interfor to Announce First Quarter Results on May 4, 2023
Interfor Corporation Analyst Conference Call – 8:00 a.m. Pacific, Friday, May 5, 2023 BURNABY, British Columbia, April 04, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its first quarte…
Interfor Corporation Adjusted EBITDA loss of $69 million and Net Loss of $72 million BURNABY, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q4’22 of…
Interfor Announces Temporary Production Curtailments in Q1’23
Interfor Corporation BURNABY, British Columbia, Jan. 11, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced plans to reduce its lumber production output in the first quarter of 2023 by at least…
Interfor Completes Acquisition of Chaleur Forest Products and Announces Additional Long Term Debt Financing
Interfor Corporation BURNABY, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that it has completed the previously announced transaction to acquire 100% of t…
We will take a look at the 15 biggest lumber companies in the world. To skip our analysis of the recent market trends, you can go directly to see the 5 Biggest Lumber Companies in the World. Lumber is sawn wood that has been converted into…
Interfor Reports Q3’22 Results and Announces Renewal of Share Buyback Program
Interfor Corporation Adjusted EBITDA of $129.5 million and Net Earnings of $3.5 million BURNABY, British Columbia, Nov. 03, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded Net earnings in Q3’…
Interfor Announces Temporary Production Curtailments in Q4’22
Interfor Corporation BURNABY, British Columbia, Oct. 20, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced plans to reduce its lumber production output in the fourth quarter of 2022 by approxi…
Interfor to Announce Third Quarter Results on November 3, 2022
Interfor Corporation Analyst Conference Call – 8:00 a.m. Pacific, Friday, November 4, 2022 BURNABY, British Columbia, Oct. 19, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its third qu…