Interfor Q3 sales miss estimates, net loss widens

Interfor

06/11/2025 22:32

Overview

Interfor Q3 sales miss analyst expectations, reflecting weak lumber market conditions

Company reports Q3 net loss of C$215.8 mln, impacted by non-cash duty items

Adjusted EBITDA loss of C$183.8 mln in Q3, includes C$147.4 mln duties expense

Outlook

North American lumber markets, over near-term, expected to remain volatile due to economic and geopolitical factors

Interfor to leverage diversified operations to navigate market volatility

Canadian lumber to remain key supply source for U.S. despite high duty rates

Result Drivers

NON-CASH DUTY IMPACT - Adjusted EBITDA loss includes C$147.4 mln net duties expense due to duty deposit revaluations

PRODUCTION CURTAILMENTS - Lumber production reduced due to weak market conditions and economic uncertainty

INVENTORY PROVISION EXPENSE - Increase in inventory provision expense due to decreased product pricing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
C$689.30 mln
C$748.50 mln (2 Analysts)
Q3 Net Income
-C$215.80 mln
Q3 Adjusted EBITDA
-C$183.80 mln
Q3 Adjusted EBITDA Margin
-26.70%
Q3 Basic EPS
-C$4.19
Q3 Net Debt
C$893.30 mln


Press Release: ID:nGNXc6shVX

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)