Overview

* Canfor Q3 2025 operating loss of C$208 mln, net loss of C$172 mln

* Company reports sustained pressure on global lumber market conditions and pricing

* Vida AB completed acquisition of AB Karl Hedin Sågverk and its 3 sawmills

Outlook

* Canfor ( CFPZF ) anticipates weak North American lumber markets through 2025 due to economic uncertainty

* Company expects slight downward pressure in offshore lumber markets in Q4 2025

* Canfor forecasts continued weak global softwood pulp market conditions in Q4 2025

Result Drivers

* LUMBER MARKET PRESSURE - Weak global lumber market conditions and pricing, particularly in the US South, drove a decline in results

* DUTY EXPENSES - Increased duty expenses related to US softwood lumber duties impacted financial results

* PULP MARKET WEAKNESS - Depressed global pulp market fundamentals and weak demand, particularly in China, affected pulp and paper segment

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales C$1.26

bln

Q3 Net -C$172.4

Income mln

Q3 Basic -C$1.48

EPS

Q3 -C$208.3

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the forest & wood products peer group is "buy."

* Wall Street's median 12-month price target for Canfor Corp ( CFPZF ) is C$15.00, about 18.9% above its November 5 closing price of C$12.17

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.)