Canfor Corporation|Financial Updates

Canfor reports results for second quarter of 2022

July 28, 2022

Vancouver, BC - Canfor Corporation (“The Company” or “Canfor”) (TSX: CFP) today reported its second quarter of 2022 results:

Overview

  • Q2 2022 reported operating income of $532 million; quarterly sales of $2.2 billion
  • Downward pressure on North American lumber market fundamentals; significant decline in US-dollar lumber
    benchmark pricing; uptick in European market pricing largely tied to traditional quarterly lag
  • Improved lumber & pulp shipments despite ongoing transportation challenges
  • Shareholder net income of $374 million, or $3.02 per share

Read the Full Release

Related news.

View All News