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Tag: Canfor

Canfor reports 1Q operating loss of $88.8 million

28-04-2020
Canfor, operating losses, 1Q 2020

For the 1Q 2020, Canfor Corporation reported an operating loss of $88.8 million, $29.2 million higher than the operating loss of $59.6 million reported for the 4Q 2019. The significant decline reflected materially lower operating earnings in the lumber segment, partially offset by improved operating earnings in the pulp and paper segment. Canfor …

Canfor reports 3Q operating loss of $124 million

25-10-2019
Canfor, third quarter, 2019, operating earnings

Reflecting weak global market conditions and a challenging fibre cost environment in British Columbia (“BC”), Canada, for the 3Q 2019, Canfor Corporation reported an operating loss of $124 million compared to an operating loss of $49.7 million reported for the 2Q 2019.  The material decline reflected significantly lower operating …

Canfor Announces Additional Capacity Reductions in BC

19-07-2019
Canfor, Sawmills

Vancouver, BC, Canada – Today Canfor Corporation (TSX:CFP) announced further capacity reductions at two of its British Columbia sawmills with an indefinite curtailment at its Mackenzie sawmill and the permanent elimination of one shift at its Isle Pierre sawmill. The indefinite curtailment at Mackenzie, which is effective immediately, is …

Canfor Announces Voting Results for the Election of Directors

08-05-2019
Canfor

Canfor Corporation (TSX:CFP) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Wednesday, May 1st, 2019 in Richmond, British Columbia. A total of 107,025,668 common shares were voted at the meeting representing 85.47 per cent of the votes attached to all outstanding shares. …

Canfor reports results for first quarter of 2019

06-05-2019
Canfor, market report

Canfor Corporation (TSX: CFP) has reported its first quarter of 2019 results: For the first quarter of 2019, the Company reported an operating loss of $69.9 million, an improvement of $9.2 million from the operating loss of $79.1 million reported for the fourth quarter of 2018. The modest increase in financial performance reflected improved …

Canfor Announces Renewal of Normal Course Issuer Bid

04-03-2019
Canfor

Canfor Corporation (“Canfor” or the “Company”) (CFP) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 6,260,970 common shares of the Company (the “Shares”) or …

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