May 8, 2025
Vancouver, BC - Canfor Corporation (TSX: CFP) today reported its first quarter of 2025 results:
Overview
- Q1 2025 operating loss of $29 million; shareholder net loss of $31 million, or $0.26 per share
- Increase in North American lumber prices through Q1 2025 driven largely by supply constraints amid rising global economic and trade uncertainty; improved results from Western Canada following rationalization in 2024, combined with another quarter of solid earnings from Europe
- Improved results for Canfor Pulp as global softwood pulp market fundamentals saw modest improvement early in the quarter