Overview

* Interfor ( IFSPF ) 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 ( IFSPF ) 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/Mis Actual Consensu

s s

Estimate

Q3 Sales Miss C$689.30 C$748.50

mln mln (2

Analysts

)

Q3 Net -C$215.8

Income 0 mln

Q3 -C$183.8

Adjusted 0 mln

EBITDA

Q3 -26.70%

Adjusted

EBITDA

Margin

Q3 Basic -C$4.19

EPS

Q3 Net C$893.30

Debt mln

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.)