reports
Interfor to Announce Third Quarter Results on November 6, 2024
Interfor to Announce Third Quarter Results on November 6, 2024 Analyst Conference Call – 8:00 a.m. Pacific, Thursday, November 7, 2024 BURNABY, British Columbia, Oct. 07, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its third quarter financial results on November 6, 2024. The analyst conference call is scheduled for 8:00 am Pacific on Thursday, November 7, 2024 and will feature a brief summary of financial results by Interfor management followed by a question and answer period with analysts. WHEN:Thursday, November 7, 2024 at 8...
Interfor Announces Indefinite Curtailment of Lumber Manufacturing Faci...
Interfor Announces Indefinite Curtailment of Lumber Manufacturing Facilities in Georgia and South Carolina BURNABY, British Columbia, Aug. 19, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that it will indefinitely curtail operations at its sawmills in Meldrim, Georgia and Summerville, South Carolina. These curtailments are in response to persistently weak lumber market conditions. Log deliveries will be curtailed immediately, followed by an orderly wind-down of operations, which is expected to be completed by the end of the third ...
Interfor Reports Q2’24 Results
Interfor Reports Q2’24 Results Adjusted EBITDA loss of $17 million and Net Loss of $76 million BURNABY, British Columbia, Aug. 08, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q2’24 of $75.8 million, or $1.47 per share, compared to a Net loss of $72.9 million, or $1.42 per share in Q1’24 and a Net loss of $14.1 million, or $0.27 per share in Q2’23. Adjusted EBITDA was a loss of $16.7 million on sales of $771.2 million in Q2’24 versus a loss of $22.3 million on sales of $813.2 million in Q1’24 and Adjusted EBITDA of $41.9...
Interfor to Announce Second Quarter Results on August 8, 2024
Interfor to Announce Second Quarter Results on August 8, 2024 Analyst Conference Call – 8:00 a.m. Pacific, Friday, August 9, 2024 BURNABY, British Columbia, July 08, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its second quarter financial results on August 8, 2024. The analyst conference call is scheduled for 8:00 am Pacific on Friday, August 9, 2024 and will feature a brief summary of financial results by Interfor management followed by a question and answer period with analysts. WHEN:Friday, August 9, 2024 at 8:00 am PTCALL DETAI...
Interfor Reports Voting Results from Annual General Meeting
Interfor Reports Voting Results from Annual General Meeting BURNABY, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced the voting results for the election of its Board of Directors, which took place at the Company’s Annual General Meeting held today in Vancouver, British Columbia. A total of 37,724,030 common shares were voted by proxy at the meeting representing 73.33% of the votes attached to all outstanding shares. The nominees listed in the management information circular dated March 13, 2024, were elected as di...
Interfor Reports Q1’24 Results
Interfor Reports Q1’24 Results Adjusted EBITDA loss of $22 million and Net Loss of $73 million BURNABY, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q1’24 of $72.9 million, or $1.42 per share, compared to a Net loss of $169.0 million, or $3.29 per share in Q4’23 and a Net loss of $41.3 million, or $0.80 per share in Q1’23. Adjusted EBITDA was a loss of $22.3 million on sales of $813.2 million in Q1’24 versus a loss of $51.4 million on sales of $785.9 million in Q4’23 and Adjusted EBITDA of $26.1 m...
Interfor Announces Lumber Production Curtailments Across All Regions o...
Interfor Announces Lumber Production Curtailments Across All Regions of North America BURNABY, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced plans to reduce its lumber production by approximately 175 million board feet between May and September of 2024, representing just under 10% of its normal operating stance. The temporary curtailments will impact all of Interfor’s operating regions, including the US South, through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifti...
Interfor to Announce First Quarter Results on May 9, 2024
Interfor to Announce First Quarter Results on May 9, 2024 Analyst Conference Call – 8:00 a.m. Pacific, Friday, May 10, 2024 BURNABY, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its first quarter financial results on May 9, 2024. The analyst conference call is scheduled for 8:00 am Pacific on Friday, May 10, 2024 and will feature a brief summary of financial results by Interfor management followed by a question and answer period with analysts. WHEN:Friday, May 10, 2024 at 8:00 am PTCALL DETAILS:1-888-390...
Interfor Corp: 1 director
A director at Interfor Corp bought 2,020 shares at 14.730USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly ...
Interfor Appoints Christina Sistrunk to its Board of Directors
Interfor Appoints Christina Sistrunk to its Board of Directors BURNABY, British Columbia, March 05, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) is pleased to announce the appointment of Christina Sistrunk of Lumberton, Mississippi as an independent director of the Company. Ms. Sistrunk served as President and CEO of Aera Energy, LLC (an independent upstream oil and gas company) between 2015 and 2020. Prior to this, Ms. Sistrunk held multiple roles with increasing responsibility over her 17-year career at Shell, including Vice President roles (lea...
Interfor Announces Lumber Production Curtailments in Oregon and Britis...
Interfor Announces Lumber Production Curtailments in Oregon and British Columbia BURNABY, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that it will indefinitely curtail its sawmill operations in Philomath, Oregon. This curtailment is in response to persistent high log costs in the region and ongoing weak lumber market conditions. Sawmill production will be curtailed immediately followed by an orderly wind-down of operations, which is expected to be completed by the end of the first quarter of 2024. The P...
Interfor Reports Q4’23 Results
Interfor Reports Q4’23 Results Adjusted EBITDA loss of $51 million and Net Loss of $169 million BURNABY, British Columbia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q4’23 of $169.0 million, or $3.29 per share, compared to a Net loss of $42.4 million, or $0.82 per share in Q3’23 and a Net loss of $72.2 million, or $1.40 per share in Q4’22. Adjusted EBITDA was a loss of $51.4 million on sales of $785.9 million in Q4’23 versus Adjusted EBITDA of $31.9 million on sales of $828.1 billion in Q3’23 and an Adjuste...
Interfor to Announce Fourth Quarter and Fiscal 2023 Results on Februar...
Interfor to Announce Fourth Quarter and Fiscal 2023 Results on February 8, 2024 Analyst Conference Call – 8:00 a.m. Pacific, Friday, February 9, 2024 BURNABY, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its fourth quarter and fiscal 2023 financial results on February 8, 2024. The analyst conference call is scheduled for 8:00 am Pacific on Friday, February 9, 2024 and will feature a brief summary of financial results by Interfor management followed by a question and answer period with analysts. WHEN:Friday...
Interfor Renews Normal Course Issuer Bid
Interfor Renews Normal Course Issuer Bid BURNABY, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that the Toronto Stock Exchange (“TSX”) has approved the renewal by the Company of its Normal Course Issuer Bid (“NCIB”). The NCIB will allow for the purchase during the twelve-month period commencing on November 13, 2023 and ending on November 12, 2024 of up to 5,100,812 common shares, which represents 10% of the Company’s public float as at October 30, 2023. Under the prior NCIB that expires on November 10,...
Interfor Reports Q3’23 Results
Interfor Reports Q3’23 Results Adjusted EBITDA of $32 million and Net Loss of $42 million BURNABY, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q3’23 of $42.4 million, or $0.82 per share, compared to a Net loss of $14.1 million, or $0.27 per share in Q2’23 and Net earnings of $3.5 million, or $0.06 per share in Q3’22. Adjusted EBITDA was $31.9 million on sales of $828.1 million in Q3’23 versus $41.9 million on sales of $871.8 million in Q2’23 and $129.5 million on sales of $1.0 billion in Q3...
Interfor Appoints Geoffrey Evans to its Board of Directors
Interfor Appoints Geoffrey Evans to its Board of Directors BURNABY, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) is pleased to announce the appointment of Geoffrey Evans of Naples, Florida as an independent director of the Company. Mr. Evans held an executive leadership role at Boeing focused on strategy and business development prior to his retirement. His nearly 40-year career included progressively senior roles at Boeing, Eaton, and Lockheed Martin, as well as President, CEO and board member of Tapestry Solutions, a B...
Interfor to Announce Third Quarter Results on November 2, 2023
Interfor to Announce Third Quarter Results on November 2, 2023 Analyst Conference Call – 8:00 a.m. Pacific, Friday, November 3, 2023 BURNABY, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its third quarter financial results on November 2, 2023. Information related to Interfor’s third quarter financial results will be available at . The analyst conference call is scheduled for 8:00 a.m. Pacific on Friday, November 3, 2023. It will feature a brief summary of financial results by Interfor management followed b...
Interfor Reports Q2’23 Results
Interfor Reports Q2’23 Results Adjusted EBITDA of $42 million and Net Loss of $14 million BURNABY, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded a Net loss in Q2’23 of $14.1 million, or $0.27 per share, compared to $41.3 million, or $0.80 per share in Q1’23 and Net earnings of $269.9 million, or $4.92 per share in Q2’22. Adjusted EBITDA was $41.9 million on sales of $871.8 million in Q2’23 versus $26.1 million on sales of $829.9 million in Q1’23 and $428.6 million on sales of $1.4 billion in Q2’22. Notable it...
Interfor to Announce Second Quarter Results on August 3, 2023
Interfor to Announce Second Quarter Results on August 3, 2023 Analyst Conference Call – 8:00 a.m. Pacific, Friday, August 4, 2023 BURNABY, British Columbia, July 04, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its second quarter financial results on August 3, 2023. Information related to Interfor’s second quarter financial results will be available at . The analyst conference call is scheduled for 8:00 a.m. Pacific on Friday, August 4, 2023. It will feature a brief summary of financial results by Interfor management fol...
Interfor Appoints Nicolle Butcher to its Board of Directors
Interfor Appoints Nicolle Butcher to its Board of Directors BURNABY, British Columbia, May 19, 2023 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) is pleased to announce the appointment of Nicolle Butcher of Toronto, Ontario as an independent director of the Company, effective May 19, 2023. Ms. Butcher is the Chief Operating Officer of Ontario Power Generation (OPG), where she has held a wide range of roles with increasing responsibility over the past 22 years. She has served as Chair of the Board of both Eagle Creek Renewable Energy (OPG’s US hydro subs...
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