Overview
Canada timberland owner's Q4 revenue grew to C$22 mln, up from C$20.2 mln in 2024
Adjusted EBITDA for Q4 increased to C$5.2 mln from C$3.7 mln in 2024
Net income for Q4 was C$39.7 mln, up from C$5.6 mln in 2024
Outlook
Acadian expects stable demand for sawlogs but potential pricing challenges
Company anticipates stable demand and pricing for voluntary carbon credits
Acadian foresees continued improvements in internal harvesting operations
Result Drivers
FAVORABLE WEATHER - Improved weather conditions in New Brunswick boosted sales volumes, aiding revenue growth
CONTRACTOR AVAILABILITY - Increased contractor availability in New Brunswick shifted volumes to freehold timberlands, enhancing sales
TRUCKING CONSTRAINTS - Limited trucking capacity in Maine hindered deliveries despite increased harvested volumes
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
C$22 mln
C$17.30 mln (1 Analyst)
Q4 EPS
Beat
C$2.18
C$0.05 (1 Analyst)
Q4 Net Income
C$39.70 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the forest & wood products peer group is "buy"
Wall Street's median 12-month price target for Acadian Timber Corp is C$17.75, about 6.8% above its February 10 closing price of C$16.62
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nGNX1qYskT
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)