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An update from Interfor ( (TSE:IFP) ) is now available.
Interfor reported a net loss of $49.9 million for Q4 2024, an improvement from previous quarters, with adjusted EBITDA reaching $80.4 million on sales of $746.5 million. The company’s performance benefited from increased lumber prices and production, as well as strategic financial management, including the sale of Coastal B.C. operations and positive cash flow from higher lumber prices and tax refunds. Looking forward, Interfor plans significant capital investments in 2025, reflecting its ongoing commitment to growth and operational efficiency.
More about Interfor
Interfor Corporation is a major player in the lumber industry, focusing on the production and sale of lumber and related products. It is headquartered in Burnaby, B.C., and operates with a strong emphasis on supplying materials for new home constructions, benefiting from market trends and production strategies.
YTD Price Performance: -9.61%
Average Trading Volume: 18,118
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $555.6M
For detailed information about IFP stock, go to TipRanks’ Stock Analysis page.
