Canfor narrows Q1 2025 losses as lumber prices firm; outlook remains cautious
Canfor Corporation reported a first-quarter 2025 operating loss of CAD 28.5 million (USD 21.1 million), down from CAD 45.9 million (USD 34.0 million) in Q4 2024, as lumber markets saw modest price recovery and company performance improved in North America and Europe. Lumber segment results improved, with an adjusted operating loss of CAD 29.2 million (USD 21.6 million), compared to CAD 72.7 million (USD 53.8 million) the previous quarter. The improvement was driven by higher North American benchmark prices, improved performance in Western Canada, and stable earnings in Europe ...
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