Nov 7 (Reuters) -

Overview

* Taiga Q3 sales rose 2% yr/yr to C$431.3 mln, driven by higher lumber prices

* Net earnings for Q3 fell to C$12.8 mln due to higher expenses and interest costs

* EBITDA for Q3 was C$21.8 mln, slightly up from last year

Outlook

* Company did not provide specific guidance for future quarters in its press release

Result Drivers

* HIGHER LUMBER PRICES - Co attributes 2% sales increase to higher average lumber prices and changes in product mix

* EXPENSES IMPACT - Higher selling and administrative expenses and interest costs reduced net earnings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales C$431.3

mln

Q3 Net C$12.8

Income mln

Q3 C$21.8

EBITDA mln

Press Release:

For questions concerning the data in this report, contact . For any other questions or feedback, contact .

(Reporting by Aby Jose Koilparambil in Bengaluru)