Sector: Basic Materials | Industry: Forest & Wood Products |
Company Contact | |
Address: | #100-1700 West 75th Avenue VANCOUVER BC V6P 6G2 |
Tel: | 1-604-6615441 |
Website: | https://www.canfor.com |
IR: | See website |
Key People | ||
Donald B. Kayne President, Chief Executive Officer, Director | Katrina Wilson Vice President, Controller | Patrick A. J. Elliott Chief Financial Officer, Senior Vice President - Sustainability |
Mans Johansson Chief Executive Officer - Vida Group | Stephen J. Mackie Executive Vice President - North American Operations | Kevin Pankratz Senior Vice President - Sales and Marketing |
Katy Player Senior Vice President - People | David M. Calabrigo Senior Vice President - Corporate Development, Legal Affairs and Corporate Secretary | David Trent Senior Vice President - Global Supply Chain and Digital | Susan L. Yurkovich Senior Vice President - Global Business Development |
Business Overview |
Canfor Corporation is an integrated forest products company. The Company operates through two segments: lumber segment and pulp and paper segment. The Company's solid wood products include dimension lumber, specialty lumber and engineered wood products. The dimension lumber products include Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL) and Canfor Red. The specialty lumber products include Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears and Access Mat Lumber. Its Pulp products include Bleached Softwood Kraft Pulp and Unbleached Softwood Kraft Pulp. Its paper products include Bleached Kraft, Coloured Kraft and Unbleached Kraft. It also has bioenergy products. It also produces green energy in its lumber and pulp facilities across North America. The Western Canadian operations produce superior SPF lumber from sustainably managed forestlands. It is used for construction projects in North America and around the globe. |
Financial Overview |
For the three months ended 31 March 2024, Canfor Corp revenues decreased less than 1% to C$1.38B. Net loss decreased 55% to C$64.5M. Revenues reflect Lumber segment increase of 2% to C$1.16B, Europe segment increase of 11% to C$320.1M, Asia segment increase of 1% to C$209.9M, also reflect Pulp and Paper segment decrease of 9% to C$222.3M, Canada segment decrease of 18% to C$140.5M, Other segment decrease of 9% to C$32.4M. |
Employees: | 7,580 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1,536M as of Mar 31, 2024 |
Annual revenue (TTM): | $5,424M as of Mar 31, 2024 |
EBITDA (TTM): | $20.10M as of Mar 31, 2024 |
Net annual income (TTM): | -$248.60M as of Mar 31, 2024 |
Free cash flow (TTM): | -$310.80M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 118,706,579 as of May 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |