November 5, 2025
Vancouver, BC - Canfor Corporation (TSX: CFP) today reported its third quarter of 2025 results:
Overview
- For the third quarter of 2025, the Company reported an operating loss of $208 million and a net loss of $172 million, equivalent to $1.48 per share.
- After taking into consideration adjusting and one-time items of $97 million, the adjusted operating loss for Q3 2025 was $111 million, compared to a similarly adjusted operating loss of $44 million in Q2 2025.
- Sustained pressure on global lumber market conditions and pricing through most of the third quarter, drove a quarter-over-quarter decline in results across all lumber operating regions.
- Vida AB completed acquisition of AB Karl Hedin Sågverk and its 3 sawmills.
- Global pulp market fundamentals remained at depressed levels throughout the third quarter; markets in China were persistently weak, while North American markets softened, adjusting to the lower pricing environment in other regions.