Nov 07, 2024 / 04:00PM GMT
Operator
Good morning. My name is Kelvin, and I will be your conference operator today. At this time, I would like to welcome everyone to the Interfor analyst conference call. (Operator Instructions) Mr. Fillinger, you may begin your conference.
Ian Fillinger - Interfor Corp - President, Chief Executive Officer, Director
Okay. Thank you, operator, and thank you, everyone, for joining us this morning. With me on the call, I have Rick Pozzebon, Executive Vice President and Chief Financial Officer; and Bart Bender, our Senior Vice President of Sales and Marketing. I'll start off by providing a brief recap of our quarter before passing the call on to Rick and Bart.
Turning to our Q3 results. Our adjusted EBITDA was negative $22 million during yet another challenging quarter that was impacted by continued weak pricing. During the quarter, we reduced production across our platform, including indefinite closures at two mills in our US South region. During the quarter, we also announced plans to exit our Quebec region, selling our three manufacturing facilities and
Q3 2024 Interfor Corp Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot