LP Corp. announced Thursday that it has agreed to buy Canfor's 50% share in the company's Peace Valley OSB joint venture in Fort St. John, British Columbia, for C$75 million, making LP the mill's sole owner. More
Canfor Corp. doubled its second-quarter bottom line from a year ago while recovering from a Q1 net loss of $16.2 million. More
Driven by a swing to a loss in its lumber segment, Canfor Corp.'s overall net income fell 18.9% in the second quarter from the year-earlier period to reach to C$26.2 million (US$27 million) on a 2.5% drop in sales to C$619.1 million (US$637.7 million). More
Canfor Corp.'s net income slipped to C$32.3 million (US$32.8 million) in the first quarter from C$35.5 million (US$34.1 million) in the year-earlier period, even though sales jumped 7.9% to C$624 million (US$632.7 million). More
Canfor Corp.'s net income increased roughly eight-fold to C$33.5 million (US$32.8 million) in the third quarter from C$4.1 million in the year-earlier period. Sales rose 13% to C$588.7 million (US$576.3 million). More
Earnings reports for second quarter of this year showed robust gains in sales and profits at North America's lumber producers, typically because of the runup in OSB prices and the brief rise in U.S. housing starts. More
Canfor's lumber operations swung to a C$17 million (US$16.5 million) operating profit in the second quarter from a C$12 million loss in the year-earlier period, in part because sales rose 17.1% to C$336.9 milion. More
Canfor Corp.'s lumber segment reported EBITDA of C$34 million (US$32.7 million) in the first quarter, swinging from a year-earlier EBITDA loss of C$68.8 million (US$65.2 million). Sales rose 10.7% to C$292 million (US$280.6 million). More
