Wood Business

Industry News Markets
Interfor improved results in Q1 2013

May 13, Vancouver, B.C. - Interfor's results in the current quarter were positively impacted by strong prices, the ramp-up of the rebuilt Grand Forks sawmill and the addition of the Company's newly-acquired operations in southeast U.S.

Interfor reported a net income of $17.8 million or $0.32 per share before share-based compensation expense and other items in the first quarter of 2013, comparing with net earnings, of $3.5 million in the fourth quarter of 2012 and a loss of $4.1 million in the first quarter of last year.

Lumber production in the first quarter was a record 390 million board feet, up 11 per cent from the previous high achieved in the third quarter of 2012.

For the full report visit, www.interfor.com.

May 13, 2013  By Interfor

Print this page


Stories continue below