Canfor Reports Results for First Quarter of 2018

Apr 24, 2018

Canfor Corporation (TSX: CFP) today reported first quarter 2018 results:

Highlights

  • Q1, 2018 adjusted operating income of $238.7 million driven by historically high lumber prices and record-high pulp and paper earnings; record-high sales of $1.23 bill
  • Adjusted net income of $145.4 million, or $1.13 per share
  • Net debt of $96.8 million, or 4.3% net debt to total capitalization, at March 31, 2018

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