Sector: Basic Materials | Industry: Forest & Wood Products |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 100-1700 75th Ave W VANCOUVER BC V6P 6G2 |
Tel: | N/A |
Website: | www.canfor.com |
IR: | See website |
Key People | ||
Donald B. Kayne President, Chief Executive Officer, Director | Bob Hayes Vice President - Global Supply Chain | Patrick A. J. Elliott Chief Financial Officer, Senior Vice President - Sustainability |
Mans Johansson Chief Executive Officer - Vida Group | Tony Sheffield President - Canfor Southern Pine | 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 and Corporate Secretary | Bob Smith Vice President - North American Sales |
Business Overview |
Canfor Corporation is an integrated forest products company. The Company operates through two segments: lumber and pulp and paper. Its lumber segment includes logging operations, and manufacturing and sale of various grades, widths and lengths of lumber, engineered wood products, wood chips and wood pellets. Its pulp and paper segment includes purchase of residual fiber, and production and sale of pulp and paper products, including Northern Bleached Softwood Kraft and Bleached Chemi-Thermo Mechanical Pulp, as well as energy revenues. Its dimensional lumber includes Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL), and Canfor Red. Its specialty lumber includes Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears, and Access Mat Lumber. Its pulp products are Bleached Softwood Kraft Pulp and Unbleached Softwood Kraft Pulp. Its paper products are Bleached Kraft, Colored Kraft, and Unbleached Kraft. It also has bioenergy products. |
Financial Overview |
For the fiscal year ended 31 December 2022, Canfor Corporation revenues decreased 3% to C$7.43B. Net income decreased 41% to C$787.3M. Revenues reflect Lumber segment decrease of 3% to C$6.34B, Pulp and Paper segment decrease of 5% to C$1.09B, Asia segment decrease of 18% to C$1.12B, United States segment decrease of 2% to C$4.06B, Europe segment decrease of 2% to C$1.26B. Net income also reflects Lumber segment income decrease of 39% to C$1.24B. |
Employees: | 7,908 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1,757M as of Dec 31, 2022 |
Annual revenue (TTM): | $7,425M as of Dec 31, 2022 |
EBITDA (TTM): | $1,622M as of Dec 31, 2022 |
Net annual income (TTM): | $787.30M as of Dec 31, 2022 |
Free cash flow (TTM): | $487.70M as of Dec 31, 2022 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 121,059,579 as of Feb 2, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |