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/Mis Actual Consensu

s s

Estimate

Q3 EPS -C$0.37

Q3 Net -C$16.60

Income mln

Q3 Basic -C$0.41

EPS

Q3 -C$16.60

EBITDA mln

Q3 -C$19.50

Operatin mln

g Income

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 ( CFXTF ) is C$0.75, about 70.7% above its November 13 closing price of C$0.22

Press Release:

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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.)