Interfor reports Q3/2024 results

In the face of an extended market downturn, Interfor Corporation reported a net loss of $106 million in Q3 2024, reflecting both industry-wide and economic pressures that continue to reshape the North American lumber landscape. The company faced a widening adjusted EBITDA loss of $22 million, mainly due to declining lumber prices, a weaker demand environment, and strategic production curtailments designed to adapt to ongoing market challenges. Operational adjustments and market pressures Interfor’s lumber production in Q3 fell to 904 million board feet, a decrease of 130 million board feet from the previous quarter. This was ...