Reported Earnings • Aug 09
Second quarter 2026 earnings released: EPS: CA$0.02 (vs CA$0.22 in 2Q 2025) Second quarter 2026 results: EPS: CA$0.02 (down from CA$0.22 in 2Q 2025). Revenue: CA$804.4m (up 3.1% from 2Q 2025). Net income: CA$1.00m (down 91% from 2Q 2025). Profit margin: 0.1% (down from 1.4% in 2Q 2025). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year. New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings have declined by 70% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.6% operating cash flow to total debt). Earnings have declined by 70% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Tillkännagivande • Jun 24
Interfor Corporation to Report Q2, 2026 Results on Aug 06, 2026 Interfor Corporation announced that they will report Q2, 2026 results on Aug 06, 2026 Breakeven Date Change • Jun 08
No longer forecast to breakeven The 5 analysts covering Interfor no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CA$89.1m in 2027. New consensus forecast suggests the company will make a loss of CA$400.0k in 2027. Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Independent Director Nicolle Butcher was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 20
First quarter 2026 earnings released: CA$0.96 loss per share (vs CA$0.68 loss in 1Q 2025) First quarter 2026 results: CA$0.96 loss per share (further deteriorated from CA$0.68 loss in 1Q 2025). Revenue: CA$643.2m (down 13% from 1Q 2025). Net loss: CA$63.3m (loss widened 80% from 1Q 2025). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 28% per year. Tillkännagivande • Mar 17
Interfor Corporation to Report Q1, 2026 Results on May 14, 2026 Interfor Corporation announced that they will report Q1, 2026 results on May 14, 2026 Tillkännagivande • Feb 23
Interfor Corporation, Annual General Meeting, May 14, 2026 Interfor Corporation, Annual General Meeting, May 14, 2026. Location: georgia, peachtree city United States Tillkännagivande • Dec 10
Interfor Corporation to Report Q4, 2025 Results on Feb 12, 2026 Interfor Corporation announced that they will report Q4, 2025 results on Feb 12, 2026 Tillkännagivande • Oct 17
Interfor Announces Incremental Lumber Production Curtailments for the Fourth Quarter of 2025 Interfor Corporation announced revised operating plans for the fourth quarter of 2025. Due to persistently weak market conditions and ongoing economic uncertainty, Interfor will further temporarily reduce lumber production across its operations in British Columbia, Ontario, the US Pacific Northwest and the US South.These curtailments are expected to reduce lumber production in the fourth quarter of 2025 by approximately 250 million board feet, or 26%, as compared to the second quarter of 2025, which reflected a more normal operating stance. The curtailment volumes are approximately evenly split between Interfor’s Canadian and U.S. operations.Interfor produced 936 million board feet of lumber in the second quarter of 2025 and approximately 910 million board feet of lumber in the third quarter of 2025.These curtailments are an amendment to Interfor’s previously announced curtailments on September 4, 2025. The Company will continue to monitor market conditions across all of its operations and adjust its production plans accordingly. Tillkännagivande • Oct 02
Interfor Corporation has completed a Follow-on Equity Offering in the amount of CAD 124.99989 million. Interfor Corporation has completed a Follow-on Equity Offering in the amount of CAD 124.99989 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 12,437,800
Price\Range: CAD 10.05
Discount Per Security: CAD 0.402
Transaction Features: Regulation S; Rule 144A Tillkännagivande • Sep 26
Interfor Corporation has filed a Follow-on Equity Offering in the amount of CAD 124.99989 million. Interfor Corporation has filed a Follow-on Equity Offering in the amount of CAD 124.99989 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 12,437,800
Price\Range: CAD 10.05 Tillkännagivande • Sep 11
Interfor Corporation to Report Q3, 2025 Results on Nov 06, 2025 Interfor Corporation announced that they will report Q3, 2025 results on Nov 06, 2025 Tillkännagivande • Jun 14
Interfor Corporation to Report Q2, 2025 Results on Aug 07, 2025 Interfor Corporation announced that they will report Q2, 2025 results on Aug 07, 2025 Tillkännagivande • Mar 16
Interfor Corporation to Report Q1, 2025 Results on May 08, 2025 Interfor Corporation announced that they will report Q1, 2025 results on May 08, 2025 Tillkännagivande • Feb 18
Interfor Corporation, Annual General Meeting, May 08, 2025 Interfor Corporation, Annual General Meeting, May 08, 2025. Location: british columbia, vancouver Canada Tillkännagivande • Dec 11
Interfor Corporation to Report Q4, 2024 Results on Feb 13, 2025 Interfor Corporation announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 13, 2025 Tillkännagivande • Oct 17
Les Chantiers Chibougamau Ltée agreed to acquire Three Manufacturing Facilities in Quebec from Interfor Corporation (TSX:IFP) for CAD 30 million. Les Chantiers Chibougamau Ltée agreed to acquire Three Manufacturing Facilities in Quebec from Interfor Corporation (TSX:IFP) for CAD 30 million on October 16, 2024. A cash consideration will be paid by Les Chantiers Chibougamau Ltée. As part of consideration, an undisclosed value is paid towards assets of Three manufacturing facilities in Quebec. The completion of the transaction is subject to customary conditions, including regulatory approvals and Competition Bureau Canada. The deal is expected to close in the fourth quarter of 2024. RBC Capital Markets Inc. acted as financial advisor for Interfor Corporation. Tillkännagivande • Oct 16
Interfor to Exit Québec Operations INTERFOR CORPORATION announced plans to exit its operations in Québec, Canada, including the sale of its three manufacturing facilities and the closure of its Montréal corporate office. This strategic initiative will support a focus on the areas of highest future potential across the remainder of the Company. As part of the exit plan, Interfor announced that it has entered into a definitive agreement to sell its sawmills in Val-d’Or and Matagami as well as its Sullivan remanufacturing plant in Val-d’Or, along with all associated forestry and business operations, to Chantiers Chibougamau Ltée (“CCL”), a long-standing, privately-held, Québec-based forestry company. The purchase price is estimated to be approximately $30 million in cash, based on the value of specific working capital items at June 30, 2024, which will be subject to normal course adjustments at closing, plus the assumption of certain liabilities by CCL. Additionally, Interfor and CCL will enter into a multi-year contract for the supply of Machine Stress Rated (“MSR”) lumber to Interfor’s I-Joist engineered wood products (“EWP”) facility in Sault Ste. Marie, Ontario. The sale does not include any countervailing (“CV”) or anti-dumping (“AD”) duty deposits related to the ongoing US/Canada softwood lumber trade dispute. All historical CV & AD deposits up to the date of closing will be retained by Interfor. Total CV & AD deposits related to the facilities up to June 30, 2024 totalled approximately USD 56 million, excluding any interest. As part of the exit plan, Interfor also announced that it intends to permanently close its corporate office in Montréal in the coming months, allowing for the full realization of synergies associated with the Company’s EACOM Timber Corporation acquisition announced in November 2021. Interfor will continue to own and operate its five sawmills and one I-Joist EWP facility in Ontario and its two sawmills and woodlands management business in New Brunswick. Tillkännagivande • Sep 11
Interfor Corporation to Report Q3, 2024 Results on Nov 06, 2024 Interfor Corporation announced that they will report Q3, 2024 results on Nov 06, 2024 Tillkännagivande • Aug 20
Interfor Corporation Announces Indefinite Curtailment of Lumber Manufacturing Facilities in Georgia and South Carolina Interfor Corporation announced that it will indefinitely curtail operations at its sawmills in Meldrim, Georgia and Summerville, South Carolina. These curtailments are in response to persistently weak lumber market conditions. Log deliveries will be curtailed immediately, followed by an orderly wind-down of operations, which is expected to be completed by the end of the third quarter of 2024. Both sawmills produce kiln-dried Southern Yellow Pine dimensional lumber and have a combined annual capacity of 330 million board feet. These indefinite curtailments will impact approximately 180 employees across both facilities. Interfor expects to mitigate some of the impact on affected employees by providing work opportunities at other Company operations, where possible. The expected impact of these curtailments on production volume for the remainder of 2024 was included in the temporary curtailment guidance referenced in Interfor’s press release dated August 8, 2024. However, the indefinite nature of these curtailments means the impact on lumber production is likely to extend beyond 2024, based on facts and circumstances known today. The Company will continue to monitor market conditions across all its operations and adjust its production plans accordingly. New Risk • Aug 12
New major risk - Revenue and earnings growth Earnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Earnings have declined by 7.5% per year over the past 5 years. Reported Earnings • Aug 09
Second quarter 2024 earnings released: CA$1.47 loss per share (vs CA$0.27 loss in 2Q 2023) Second quarter 2024 results: CA$1.47 loss per share (further deteriorated from CA$0.27 loss in 2Q 2023). Revenue: CA$771.2m (down 12% from 2Q 2023). Net loss: CA$75.8m (loss widened 438% from 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jun 13
Interfor Corporation to Report Q2, 2024 Results on Aug 08, 2024 Interfor Corporation announced that they will report Q2, 2024 results on Aug 08, 2024 Tillkännagivande • Mar 13
Interfor Corporation to Report Q1, 2024 Results on May 09, 2024 Interfor Corporation announced that they will report Q1, 2024 results on May 09, 2024 Tillkännagivande • Mar 06
Interfor Corporation Appoints Christina Sistrunk as Independent Director Interfor Corporation announced the appointment of Christina Sistrunk of Lumberton, Mississippi as an independent director of the Company. Ms. Sistrunk served as President and CEO of Aera Energy, LLC between 2015 and 2020. Prior to this, Ms. Sistrunk held multiple roles with increasing responsibility over her 17-year career at Shell, including Vice President roles (leadership of Arctic strategy development from 2014 to 2015, and of Gulf of Mexico production from 2009 to 2014). Ms. Sistrunk currently serves on the External Advisory Council for The Ohio State University College of Engineering, and on the Advisory Board for Renewell Energy. She holds a BS Chemical Engineering from The Ohio State University. Ms. Sistrunk’s appointment is a successful outcome of the Board’s director succession process. Her appointment increases the percentage of women directors on Interfor’s Board, to 30%. Reported Earnings • Feb 09
Full year 2023 earnings released: CA$5.19 loss per share (vs CA$10.89 profit in FY 2022) Full year 2023 results: CA$5.19 loss per share (down from CA$10.89 profit in FY 2022). Revenue: CA$3.32b (down 28% from FY 2022). Net loss: CA$266.8m (down 145% from profit in FY 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Tillkännagivande • Dec 06
Interfor Corporation to Report Q4, 2023 Results on Feb 08, 2024 Interfor Corporation announced that they will report Q4, 2023 results on Feb 08, 2024 New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Reported Earnings • Nov 04
Third quarter 2023 earnings released: CA$0.82 loss per share (vs CA$0.065 profit in 3Q 2022) Third quarter 2023 results: CA$0.82 loss per share (down from CA$0.065 profit in 3Q 2022). Revenue: CA$828.1m (down 20% from 3Q 2022). Net loss: CA$42.4m (down CA$45.9m from profit in 3Q 2022). Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Tillkännagivande • Oct 26
Interfor Corporation Appoints Geoffrey Evans as Independent Director Interfor Corporation announced the appointment of Geoffrey Evans of Naples, Florida as an independent director of the Company. Mr. Evans held an executive leadership role at Boeing focused on strategy and business development prior to his retirement. His nearly 40-year career included progressively senior roles at Boeing, Eaton, and Lockheed Martin, as well as President, CEO and board member of Tapestry Solutions, a Boeing subsidiary. Mr. Evans is also a board member of a not-for-profit organization. Mr. Evans’ appointment is a successful outcome of the Board’s ongoing director succession process. Tillkännagivande • Sep 07
Interfor Corporation to Report Q3, 2023 Results on Nov 02, 2023 Interfor Corporation announced that they will report Q3, 2023 results on Nov 02, 2023 New Risk • Aug 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 10% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 06
Second quarter 2023 earnings released: CA$0.27 loss per share (vs CA$4.92 profit in 2Q 2022) Second quarter 2023 results: CA$0.27 loss per share (down from CA$4.92 profit in 2Q 2022). Revenue: CA$871.8m (down 37% from 2Q 2022). Net loss: CA$14.1m (down 105% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jun 09
Interfor Corporation to Report Q2, 2023 Results on Aug 03, 2023 Interfor Corporation announced that they will report Q2, 2023 results on Aug 03, 2023 Tillkännagivande • May 20
Interfor Corporation Appoints Nicolle Butcher to its Board of Directors Interfor Corporation announced the appointment of Nicolle Butcher of Toronto, Ontario as an independent director of the Company, effective May 19, 2023. Ms. Butcher is the Chief Operating Officer of Ontario Power Generation (OPG), where she has held a wide range of roles with increasing responsibility over the past 22 years. She has served as Chair of the Board of both Eagle Creek Renewable Energy (OPG’s US hydro subsidiary) and Atura Power (OPG’s fleet of combined cycle gas plants) and as a member of the MaRS-Advanced Energy Centre Advisory Board of Directors. In 2021, Ms. Butcher was named one of Canada’s Top 100 Most Powerful Women and named Women of the Year by WIRE (Women in Renewable Energy) and APPRO (Association of Power Producers of Ontario). She holds an MBA from McGill University, is a Chartered Business Valuator, and has earned an ICD.D designation from the Institute of Corporate Directors. Recent Insider Transactions • May 12
Executive VP & CFO recently bought €54k worth of stock On the 10th of May, Richard Pozzebon bought around 4k shares on-market at roughly €15.34 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €179k. Richard has been a buyer over the last 12 months, purchasing a net total of €652k worth in shares. Reported Earnings • May 08
First quarter 2023 earnings released: CA$0.80 loss per share (vs CA$6.69 profit in 1Q 2022) First quarter 2023 results: CA$0.80 loss per share (down from CA$6.69 profit in 1Q 2022). Revenue: CA$829.9m (down 39% from 1Q 2022). Net loss: CA$41.3m (down 110% from profit in 1Q 2022). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Board Change • Apr 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director Tom Temple was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 11
Interfor Corporation, Annual General Meeting, May 04, 2023 Interfor Corporation, Annual General Meeting, May 04, 2023. Location: Montreal, QC Montreal Canada Tillkännagivande • Jan 12
Interfor Announces Temporary Production Curtailments in First Quarter of 2023 Interfor Corporation announced plans to reduce its lumber production output in the first quarter of 2023 by at least 100 million board feet, or 8% of quarterly capacity, as economic conditions and market uncertainty continue to impact lumber demand. This temporary reduction in output is expected to be mostly concentrated outside of Interfor's US South operating region. The Company currently expects to resume its normal operating schedule in April 2023, but will closely monitor market conditions and adjust its production plans accordingly. Tillkännagivande • Jan 05
Interfor Corporation to Report Q4, 2022 Results on Feb 09, 2023 Interfor Corporation announced that they will report Q4, 2022 results on Feb 09, 2023 Recent Insider Transactions • Aug 13
Insider recently bought €273k worth of stock On the 9th of August, Eric Larouche bought around 11k shares on-market at roughly €24.82 per share. In the last 3 months, there was an even bigger purchase from another insider worth €402k. Insiders have collectively bought €1.2m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 06
Second quarter 2022 earnings released: EPS: CA$4.92 (vs CA$6.45 in 2Q 2021) Second quarter 2022 results: EPS: CA$4.92 (down from CA$6.45 in 2Q 2021). Revenue: CA$1.39b (up 26% from 2Q 2021). Net income: CA$269.9m (down 36% from 2Q 2021). Profit margin: 19% (down from 38% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 2.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 22
President recently bought €74k worth of stock On the 17th of June, Ian Fillinger bought around 4k shares on-market at roughly €18.40 per share. In the last 3 months, there was an even bigger purchase from another insider worth €402k. Ian has been a buyer over the last 12 months, purchasing a net total of €141k worth in shares. Recent Insider Transactions • May 18
Senior VP & CFO recently bought €402k worth of stock On the 16th of May, Richard Pozzebon bought around 16k shares on-market at roughly €24.86 per share. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of €569k worth in shares. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: CA$6.69 (vs CA$4.01 in 1Q 2021) First quarter 2022 results: EPS: CA$6.69 (up from CA$4.01 in 1Q 2021). Revenue: CA$1.35b (up 59% from 1Q 2021). Net income: CA$397.0m (up 50% from 1Q 2021). Profit margin: 29% (down from 31% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.9%, compared to a 7.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 12
Senior Vice President recently bought €51k worth of stock On the 8th of March, Eric Larouche bought around 2k shares on-market at roughly €25.64 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €261k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 06
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CA$12.88 (up from CA$4.18 in FY 2020). Revenue: CA$3.29b (up 51% from FY 2020). Net income: CA$819.0m (up 192% from FY 2020). Profit margin: 25% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 4.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €25.60, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Forestry industry in Europe. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.54 per share. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 16% share price gain to €27.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 211% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.16 per share. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS CA$1.05 (vs CA$1.81 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CA$664.3m (up 3.0% from 3Q 2020). Net income: CA$65.6m (down 46% from 3Q 2020). Profit margin: 9.9% (down from 19% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CA$15.80, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 15x in the Forestry industry in Europe. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.80 per share. Recent Insider Transactions • Jun 12
Insider recently sold €75k worth of stock On the 8th of June, Simon Luxmoore sold around 4k shares on-market at roughly €18.80 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months. Tillkännagivande • May 28
Interfor Corporation (TSX:IFP) entered into an agreement to acquire Sawmill Operations located in United States from Georgia-Pacific Wood Products LLC and GP Wood Products LLC for approximately $380 million. Interfor Corporation (TSX:IFP) entered into an agreement to acquire Sawmill Operations located in United States from Georgia-Pacific Wood Products LLC and GP Wood Products LLC for approximately $380 million on April 27, 2021. The purchase will be funded entirely from cash on hand. The completion of the acquisition is subject to customary conditions and regulatory approvals for a transaction of this kind and is expected to close in the third quarter of 2021. The acquisition will be immediately accretive to Interfor’s earnings and is expected to provide attractive returns in both the near-term and over the long-term. Tillkännagivande • May 13
Interfor Corporation Declares One-Time Special Cash Dividend, Payable on or Before June 28, 2021 Interfor Corporation announced that its Board of Directors has declared a one-time special cash dividend of $2.00 per share, which will be paid on or before June 28, 2021 to shareholders of record on May 28, 2021. Reported Earnings • May 09
First quarter 2021 earnings released: EPS CA$4.01 (vs CA$0.094 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$849.3m (up 77% from 1Q 2020). Net income: CA$264.5m (up CA$258.2m from 1Q 2020). Profit margin: 31% (up from 1.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 16% share price gain to CA$18.50, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 18x in the Forestry industry in Europe. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.70 per share. Recent Insider Transactions • Mar 27
President recently bought €50k worth of stock On the 25th of March, Ian Fillinger bought around 3k shares on-market at roughly €16.25 per share. This was the largest purchase by an insider in the last 3 months. This was Ian's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 03
Independent Chairman of the Board recently sold €2.1m worth of stock On the 26th of February, E. Sauder sold around 111k shares on-market at roughly €18.49 per share. This was the largest sale by an insider in the last 3 months. E. has been a seller over the last 12 months, reducing personal holdings by €2.9m. Recent Insider Transactions • Feb 20
Independent Director recently sold €177k worth of stock On the 18th of February, Douglas William Whitehead sold around 10k shares on-market at roughly €17.66 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €309k more than they sold in the last 12 months. Is New 90 Day High Low • Feb 16
New 90-day high: €18.90 The company is up 66% from its price of €11.40 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.58 per share. Tillkännagivande • Feb 13
Interfor Corporation, Annual General Meeting, May 06, 2021 Interfor Corporation, Annual General Meeting, May 06, 2021. Tillkännagivande • Feb 10
Interfor Corporation Enters into Long-Term Chip and Biomass Supply Agreement with WestRock's Charleston, South Carolina Paper Mill INTERFOR CORPORATION announced that it has reached an agreement with WestRock Company to acquire its sawmill located in Summerville, South Carolina for cash consideration of USD 59 million. As part of the transaction, Interfor will also enter into a long-term chip and biomass supply agreement with WestRock's Charleston, South Carolina paper mill. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue beats expectations Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 5.5% while theForestry industry in Germany is not expected to grow. Reported Earnings • Feb 06
Full year 2020 earnings released: EPS CA$4.18 (vs CA$1.54 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$2.18b (up 16% from FY 2019). Net income: CA$280.3m (up CA$384.1m from FY 2019). Profit margin: 13% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 27
New 90-day high: €15.90 The company is up 66% from its price of €9.55 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.74 per share. Is New 90 Day High Low • Jan 09
New 90-day high: €15.40 The company is up 51% from its price of €10.20 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.47 per share. Tillkännagivande • Jan 05
Interfor Corporation to Report Q4, 2020 Results on Feb 04, 2021 Interfor Corporation announced that they will report Q4, 2020 results on Feb 04, 2021 Is New 90 Day High Low • Dec 17
New 90-day high: €14.90 The company is up 41% from its price of €10.60 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.87 per share. Valuation Update With 7 Day Price Move • Nov 25
Market bids up stock over the past week After last week's 16% share price gain to CA$13.20, the stock is trading at a trailing P/E ratio of 14.8x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 14x in the Forestry industry in Europe. Total return to shareholders over the past three years is a loss of 5.0%. Is New 90 Day High Low • Nov 24
New 90-day high: €12.10 The company is up 8.0% from its price of €11.20 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.30 per share. Recent Insider Transactions • Nov 12
Insider recently bought €59k worth of stock On the 10th of November, Andrew Horahan bought around 6k shares on-market at roughly €10.68 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €416k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS CA$1.81 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CA$644.9m (up 33% from 3Q 2019). Net income: CA$121.6m (up CA$157.3m from 3Q 2019). Profit margin: 19% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 69% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 3.3% compared to a 1.6% decline forecast for the Forestry industry in Germany. Tillkännagivande • Oct 08
Interfor Corporation to Report Q3, 2020 Results on Nov 05, 2020 Interfor Corporation announced that they will report Q3, 2020 results at 10:28 PM, GMT Standard Time on Nov 05, 2020 Tillkännagivande • Jul 08
Interfor Corporation to Report Q2, 2020 Results on Aug 06, 2020 Interfor Corporation announced that they will report Q2, 2020 results at 10:28 PM, GMT Standard Time on Aug 06, 2020 
