Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Interfor Corporation (T:IFP)

Business Focus: Logging & Sawmills

Sector:  Basic Materials Industry:  Forest & Wood Products
 
See Regulatory Filings on SEDAR
Company Contact
Address: 3500-1055 Dunsmuir St.
Stn Bentall Centre
PO Box 49114
VANCOUVER BC V7X 1H7
Tel: N/A
Website: https://www.interfor.com
IR: See website
Key People
E. Lawrence Sauder
Independent Chairman of the Board
Ian M. Fillinger
President, Chief Executive Officer, Director
J. Barton Bender
Senior Vice President - Sales and Marketing
Mark W. Stock
Senior Vice President - Human Resources & IT
Xenia Kritsos
General Counsel, Corporate Secretary
 
Business Overview
Interfor Corporation is a Canada-based lumber provider. The Company and its subsidiaries produce wood products in British Columbia, the United States Northwest and the United States South for sale to markets around the world. The Company operates through solid wood segment. The Company offers a range of products, including Clear Cedar Finger Joint Bevel Siding, Clear Cedar Solid Bevel Siding, Clear Cedar V-Joint Paneling, Dimension Lumber, Elite Cedar V-Joint Paneling, Elite Knotty Cedar Decking, Fineline Paneling, Japan Zairai-Beams, Japan Zairai-Ground Sill, Japan Zairai-Posts, Japan Zairai-Roof Structure, Japan Zairai-Small Structural, Reserve Boards, Reserve End-Matched Paneling, Reserve Lodgepole Pine Paneling, Reserve V-Joint Decking, Special Appearance Grade Cedar Timbers, Reserve Ponderosa Pine Paneling and Studs.
Financial Overview
For the three months ended 31 March 2020, Interfor Corp revenues increased 6% to C$479.6M. Net income totaled C$6.3M vs. loss of C$15.3M. Revenues reflect Logs segment increase from C$24.3M to C$55.5M, Wood chip and other by-products segment increase of 1% to C$42.7M, Canada segment increase of 53% to C$94.7M, United States segment increase of 5% to C$339.9M.
Employees: 3,366 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $1,183M as of Mar 31, 2020
Annual revenue (TTM): $1,904M as of Mar 31, 2020
EBITDA (TTM): $135.94M as of Mar 31, 2020
Net annual income (TTM): -$82.17M as of Mar 31, 2020
Free cash flow (TTM): -$59.00M as of Mar 31, 2020
Net Debt Last Fiscal Year: $361.48M as of Mar 31, 2020
Shares outstanding: 67,259,959 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization