Conifex Timber Q3 net loss widens on higher duty costs

Conifex Timber

14/11/2025 13:10

Overview

Conifex Q3 net loss widens to C$16.6 mln, impacted by higher duty costs

EBITDA for Q3 2025 was negative C$16.6 mln, reflecting operational challenges

Lumber revenue decreases 4% from Q2 2025, affected by higher duty rates

Outlook

Conifex anticipates continued lumber price volatility and uncertainty in North American markets

Company faces challenges from increased duty deposit rates and additional tariffs

Conifex may adjust operations based on market conditions and economic factors

Result Drivers

DUTY COSTS - Higher duty rates significantly impacted Q3 results, leading to increased costs and reduced margins

LOG AVAILABILITY - Increased log availability allowed for higher lumber production, improving operational rates

BIOENERGY REVENUE - Increased electricity production post-maintenance shutdown contributed positively to revenues

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
-C$0.37
Q3 Net Income
-C$16.60 mln
Q3 Basic EPS
-C$0.41
Q3 EBITDA
-C$16.60 mln
Q3 Operating Income
-C$19.50 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the forest & wood products peer group is "buy."

Wall Street's median 12-month price target for Conifex Timber Inc is C$0.75, about 70.7% above its November 13 closing price of C$0.22

Press Release: ID:nGNX7KDtp5

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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.)