Interfor Reports Q3’22 Results and Announces Renewal of Share Buyback Program

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Adjusted EBITDA of $129.5 million and Net Earnings of $3.5 million

INTERFOR CORPORATION (“Interfor” or the Company”) (TSX: IFP) recorded Net earnings in Q3’22 of $3.5 million, or $0.06 per share, compared to $269.9 million, or $4.92 per share in Q2’22 and $65.6 million, or $1.05 per share in Q3’21. Adjusted net earnings in Q3’22 were $31.5 million compared to $280.2 million in Q2’22 and $46.7 million in Q3’21.

Adjusted EBITDA was $129.5 million on sales of $1.0 billion in Q3’22 versus $428.6 million on sales of $1.4 billion in Q2’22.


Source: Interfor


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