Canfor Reports Results for Second Quarter of 2018

Jul 25, 2018

Canfor Corporation (TSX: CFP) today reported second quarter 2018 results:

Highlights

  • Record adjusted operating income of $334 million driven by historically high lumber prices and record-high pulp and paper earnings; record-high quarterly sales of $1.46 billion
  • Adjusted net income of $214 million, or $1.66 per share
  • Net cash of $174 million, or 7.9% net cash to total capitalization, at June 30, 2018

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