Interfor increased Adjusted EBITDA margin to 15.1% in 2Q2017

Interfor reported 36% increase of Adjusted EBITDA amid 11.5% increase of sales in 2Q2017 y-o-y. According to the announcement, the company’s revenues accounted for CAD 511.4 million, generating Adjusted EBITDA of CAD 77.4 million (15.1% margin) in the period.

In 1Q2017 Interfor increased Adjusted EBITDA margin to 13.2%.

Earlier Interfor announced restart of a sawmill in South Carolina, USA after extensive flooding in the area.

Check other wood business-related companies 2Q2017 schedules for financial and operating results.

About Interfor:

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.

Source: Woodbizforum