May 30, 2017 10:02 AM ET

Paper and Forest Products

Company Overview of Interfor Corporation

Company Overview

Interfor Corporation, together with its subsidiaries, produces wood products. It offers commodity structural lumber products; and specialty products, such as exterior decking and siding products, machine stress rated products, industrial timber products, and various appearance grade items. The company is also involved in the purchase and sale of logs that are unsuitable for cutting or in excess of its manufacturing requirements. In addition, it provides lumber by-products, including wood chips and other residuals. The company sells its products in the United States, Japan, Canada, China, and internationally. The company was formerly known as International Forest Products Limited and changed ...

1055 Dunsmuir Street

Suite 3500

PO Box 49114

Vancouver, BC V7X 1H7

Canada

Founded in 1963

2,856 Employees

Phone:

604-689-6800

Fax:

604-688-0313

Key Executives for Interfor Corporation

Chief Executive Officer, President and Non-Independent Director
Age: 65
Total Annual Compensation: C$750.0K
Chief Financial Officer and Executive Vice President
Total Annual Compensation: C$500.0K
Head of Operations and Senior Vice President
Total Annual Compensation: C$400.0K
Senior Vice President of Corporate Development and Strategy
Total Annual Compensation: C$350.0K
Senior Vice President of Sales & Marketing
Total Annual Compensation: C$344.9K
Compensation as of Fiscal Year 2016.

Interfor Corporation Key Developments

Interfor Corporation Announces Unaudited Consolidated Financial Results for the Quarter Ended March 31, 2017

Interfor Corporation announced unaudited consolidated financial results for the quarter ended March 31, 2017. For the quarter, the company reported total sales of CAD 456.8 million against CAD 433.9 for the same period a year ago. Operating earnings were CAD 30.4 million against CAD 3.5 million for the same period a year ago. Net earnings were CAD 19.7 million, or CAD 0.28 per share against CAD 0.8 million, or CAD 0.01 per share in for the same period a year ago. Adjusted net earnings were CAD 22.7 million or CAD 0.32 per share against CAD 2.7 million, or CAD 0.04 per share in for the same period a year ago. Capital spending was CAD 20.7 million. Adjusted EBITDA was CAD 60.3 million against CAD 33.4 million for the same period a year ago. Net debt was CAD 306,676,000 against CAD 428,062,000 for the same period a year ago. Cash provided by Operating activities was CAD 4,682,000 against CAD 20,043,000 for the same period a year ago. Additions to property, plant and equipment were CAD 12,743,000 against CAD 12,551,000 for the same period a year ago. Additions to timber licences and other intangible assets were CAD 834,000 against CAD 136,000 for the same period a year ago.

Interfor Corporation to Report Q1, 2017 Results on May 04, 2017

Interfor Corporation announced that they will report Q1, 2017 results at 1:58 AM, GMT Standard Time on May 04, 2017

Interfor Corporation, Q1 2017 Earnings Call, May 05, 2017

Interfor Corporation, Q1 2017 Earnings Call, May 05, 2017

Similar Private Companies By Industry

Company Name Region
2959-8828 Québec, Inc. Americas
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Algis Autograding Inc. Americas
Alpa Lumber Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
Buyback
March 2, 2017
--
Merger/Acquisition
November 3, 2016
58-Acre Former Sawmill in Tacoma
 

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