Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$17.95 CAD
Change Today -0.05 / -0.28%
Volume 11.7K
ADN On Other Exchanges
Symbol
Exchange
Toronto
As of 3:59 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

acadian timber corp (ADN) Snapshot

Open
C$17.97
Previous Close
C$18.00
Day High
C$17.97
Day Low
C$17.60
52 Week High
03/16/15 - C$18.48
52 Week Low
05/30/14 - C$12.10
Market Cap
300.3M
Average Volume 10 Days
20.3K
EPS TTM
C$0.90
Shares Outstanding
16.7M
EX-Date
03/27/15
P/E TM
19.9x
Dividend
C$0.90
Dividend Yield
4.70%
Current Stock Chart for ACADIAN TIMBER CORP (ADN)

Related News

No related news articles were found.

acadian timber corp (ADN) Related Businessweek News

No Related Businessweek News Found

acadian timber corp (ADN) Details

Acadian Timber Corp. supplies primary forest products in Canada and the United States. The company operates in two segments, NB Timberlands and Maine Timberlands. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. The company owns and manages approximately 761,000 acres of freehold timberlands in New Brunswick, Canada and approximately 299,000 acres of freehold timberlands in Maine, the United States; and provides management services relating to approximately 1.3 million acres of Crown licensed timberlands. It also owns and operates a forest nursery in Second Falls, New Brunswick. Acadian Timber Corp. is headquartered in Vancouver, Canada.

acadian timber corp (ADN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$118.8K
Chief Financial Officer
Total Annual Compensation: C$26.3K
Chief Operating Officer
Total Annual Compensation: C$57.5K
Compensation as of Fiscal Year 2013.

acadian timber corp (ADN) Key Developments

Acadian Timber Corp. Declares Dividend Payable on April 15, 2015

Acadian announced a dividend of CAD 0.225 per share, payable on April 15, 2015 to shareholders of record on March 31, 2015.

Acadian Timber Corp. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Acadian Timber Corp. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the three months ended December 31, 2014, Acadian generated net sales of CAD 22.5 million on sales volume of 361,000 m3, which represents a CAD 0.7 million, or 3%, increase in net sales compared to the same period in 2013. A 10% year-over-year increase in the weighted average log selling price drove adjusted EBITDA for the fourth quarter of 2014 to CAD 7.5 million, a CAD 1.3 million increase from the fourth quarter of 2013, while adjusted EBITDA margin increased to 33% from 28% in the same period of last year. Operating earnings for the fourth quarter, at CAD 7.6 million, increased CAD 1.6 million year-over-year reflecting higher log selling prices with minimal change in operating costs per unit. Net income totaled CAD 38.4 million, or CAD 2.29 per share, for the fourth quarter up CAD 34.9 million or CAD 2.09 per share from the same period in 2013. The increase is primarily attributable to a non-cash CAD 53.1 million pre-tax adjustment of the fair value of Acadian's timberlands compared to an adjustment of CAD 1.6 million in the prior year. Earnings before income taxes were CAD 56.609 million against CAD 4.523 million a year ago. Net cash generated in operating activities was CAD 3.267 million against CAD 5.163 million a year ago. Additions to timber, land, roads and other fixed assets were CAD 63,000 against CAD 14,000 a year ago. For the year ended December 31, 2014, Acadian generated net sales of CAD 77.4 million on sales volume of 1.307 million m3 as compared to net sales of CAD 74.4 million on sales volume of 1.383 million m3 in 2013. A 10% increase in the average log selling price along with focused cost containment resulted in adjusted EBITDA climbing CAD 4.3 million from 2013 to CAD 21.8 million. Operating earnings were CAD 21.357 million against CAD 16.811 million a year ago. Earnings before income taxes were CAD 63.493 million against CAD 11.303 million a year ago. Net income for the period was CAD 43.238 million or CAD 2.58 basic and diluted per share against CAD 7.248 million or CAD 0.43 basic and diluted per share a year ago. Net cash generated in operating activities was CAD 18.094 million against CAD 16.705 million a year ago. Additions to timber, land, roads and other fixed assets were CAD 0.318 million against CAD 0.576 million a year ago.

Acadian Timber To Grow Through Acquisitions

Acadian Timber Corp. (TSX:ADN) announced results for the fourth quarter ending December 31, 2014 and mentioned that its business strategy is two-fold: maximizing revenues from the existing timberland assets and expanding the business by acquiring assets on a value basis.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ADN:CN C$17.95 CAD -0.05

ADN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for ADN.
View Industry Companies
 

Industry Analysis

ADN

Industry Average

Valuation ADN Industry Range
Price/Earnings 6.4x
Price/Sales 3.6x
Price/Book 1.1x
Price/Cash Flow 6.3x
TEV/Sales 2.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ACADIAN TIMBER CORP, please visit www.acadiantimber.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.