Canfor Corporation reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was CAD 1,359.1 million compared to CAD 1,417.5 million a year ago. Net loss was CAD 72.1 million compared to CAD 31 million a year ago.
Basic loss per share from continuing operations was CAD 0.62 compared to CAD 0.26 a year ago.
Canfor Corporation is a Canada-based company, which is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets and green energy. It produces renewable products from sustainably managed forests, at over facilities across its diversified operating platform in Canada, the United States and Europe. It has a 77% stake in Vida AB, Sweden's privately owned sawmill company, and also owns a 54.8% in Canfor Pulp Products Inc. Its products include structural lumber, interior finishes, exterior envelope, outdoor living, engineered wood, building & packaging, pulp & paper and bioproducts. Its structural lumber includes Spruce Pine Fir, Southern Yellow Pine, Rocky Mountain Douglas-fir and Western Larch, and Norwegian Spruce and Scots Pine. Its engineered wood includes Glulam Beams, Glulam Columns, and Treated Glulam. It also owns PinkWood Ltd, an I-joist facility based in Calgary, Alberta.
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