Canfor Corporation announced its financial results for the fourth quarter of 2024, reporting an operating loss of $46 million and a shareholder net loss of $63 million, or $0.53 per share. Financial performance and market trends A supply-driven uptick in North American lumber markets contributed to improved results from Canfor’s Western Canadian and US South operations. The company also reported another quarter of solid earnings from its European segment. Despite ongoing volatility, the company remains optimistic about long-term market fundamentals. In addition, Canfor acquired an additional 7% of the outstanding shares in Vida ...
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