Canfor Reports Results for First Quarter of 2023

May 03, 2023

Canfor Corporation (“The Company” or “Canfor”) (TSX: CFP) today reported its first quarter of 2023 results:


  • Q1 2023 adjusted operating loss of $146 million; adjusted shareholder net loss of $145 million, or $1.20 per share
  • Strong earnings from the Company’s European operations and more modest earnings from its US South operations outweighed by continued pricing pressure on its Western Canadian operations
  • Increased lumber production & shipments notwithstanding North American market-related challenges; uplift in pulp production despite ongoing fibre constraints

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