July 29, 2026
Vancouver, BC - Canfor Corporation (TSX: CFP) today reported its second quarter of 2026 results:
Overview
- Reported operating income of $5 million and a shareholder net loss of $19 million, which is equivalent to $0.16 per share.
- After taking into consideration adjusting and one-time items1 of $19 million, adjusted operating income for Q2 2026 was $24 million, compared to an adjusted operating loss of $93 million in Q1 2026.
- Delivered solid results across all lumber operating regions as tighter lumber supply and seasonal demand supported a modest improvement in lumber benchmark prices.
- Announced the permanent closure of the Urshult and Orrefors sawmills in southern Sweden due to an ongoing imbalance between production capacity and available fibre supply.
- Global softwood pulp markets weakened further through Q2 2026, with prices pressured by ongoing structural changes in markets combined with subdued demand and elevated inventory levels.