Interfor reported 14% increase of Adjusted EBITDA amid 5.2% increase of sales in 1Q2017 y-o-y. According to the announcement, the company’s revenues accounted for CAD 456.8 million, generating Adjusted EBITDA of CAD 60.3 million (13.2% margin) in the period.
Earlier Interfor announced restart of a sawmill in South Carolina, USA after extensive flooding in the area.
The company is a lumber producer with operations in Canada and the United States. It has have an annual production capacity of 2.6 billion board feet and offer one of the most diverse lines of lumber products to customers around the world.