Lumber producer GreenFirst Forest Products' Q4 net sales rise on higher shipment volumes

GreenFirst Forest Products

26/03/2026 10:12

Overview

Canada lumber producer's Q4 net sales rose 10% from Q3, driven by higher shipments

Adjusted EBITDA loss for Q4 narrowed compared to Q3, but remained negative

Net loss for Q4 narrowed to C$32.8 mln from C$57.4 mln in Q3

Outlook

Company expects near-term lumber demand to remain below mid-cycle levels due to economic uncertainty

Result Drivers

HIGHER SHIPMENTS - Co said increased shipment volumes drove net sales growth in Q4 despite lower realized prices

TARIFF IMPACT - Co said new 10% U.S. tariff on softwood lumber raised duty expenses and contributed to higher net realizable value provision

DOWNTIME & INSTALLATION - Co implemented two weeks of downtime across most mills and completed installation of new log line at Chapleau mill, temporarily impacting production volumes

Company press release: ID:nBw6Czyrba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
C$76.90 mln
Q4 Adjusted EBITDA continuing operations
-C$21.70 mln
Q4 Net Income continuing operations
-C$32.80 mln


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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.)