Interfor Corp (TSX:IFP)
C$ 18.09 -0.46 (-2.48%) Market Cap: 930.67 Mil Enterprise Value: 1.87 Bil PE Ratio: 0 PB Ratio: 0.54 GF Score: 85/100
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Q4 2021 Interfor Corp Earnings Call Transcript

Feb 04, 2022 / 04:00PM GMT
Release Date Price: C$35.12 (-5.39%)
Operator

Good day. Thank you for standing by, and welcome to the Interfor quarterly analyst call. (Operator Instructions) I would now like to hand the conference over to your speaker today, Mr. Ian Fillinger. The floor is yours.

Ian M. Fillinger
Interfor Corporation - President, CEO & Director

Thank you, operator, and welcome, everyone, to our Q4 2021 analyst call. With me today, you have Rick Pozzebon, our Senior Vice President and Chief Financial Officer; and Bart Bender, our Senior Vice President of Sales and Marketing.

Our agenda today will start off with myself providing a recap of our financial results, our strategic focus and our improvement efforts. I'll then pass the call to Rick, who will cover off financial matters. And then Rick will pass the call to Bart, who will cover off the markets.

Turning to our financial results. Our Q4 adjusted EBITDA was $150 million, approximately 60% higher than in Q3. During the quarter, benchmark lumber prices weakened slightly in November, before increasing significantly through December. We are

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