May 7, 2014
Interfor increases lumber production by 27%
Interfor reported net earnings of $27.5 million in the first quarter of 2014, compared to net earnings of $11.4 million and $15.2 million in the fourth and first quarters of 2013, respectively. EBITDA, adjusted to exclude the effects of long-term incentive compensation and other items, was $39.2 million compared with $36.2 million and $37.1 million in the fourth and first quarters of 2013, respectively. Interfor's lumber production in the first quarter was a record 495 million board feet, up 27% over the same period of 2013. This growth ...
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