canfor news 2020

Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of the coronavirus pandemic For Immediate Release April 9, 2020 Canfor Corporation Announces Additional COVID-19 Capacity Reductions Vancouver, BC — Canfor Corporation (TSX:CFP) is undertaking additional temporary reductions in production capacity due to the impact of COVID-19 on the price of lumber and demand. • Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million • Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of … VANCOUVER, BC, Oct. 22, 2020 /CNW/ - Canfor Pulp Products Inc. ("The Company" or "CPPI") (TSX: CFX) today reported its third quarter 2020 results: Overview. H�jB!�?�֢��I�[���%�% �\���'���MH:y��O�g�ǵ@z� �-��3B��t�&l�K�bw�WT�r�!�]j�t��ŊB)K!���bu ��nȩ 3�^6���#gU�G{*�e�T`��g�@���P�+?`^�p����PJ���N��N�M��c)��ۖ~NSzK'�B�Ȥ��ü�A6%�X�G����K|��V���k}(�k���c� Last Updated Nov 18, 2020 at 11:30 am MST CALGARY — The CEO of wood pellet maker Peak Renewables says deals to buy forest tenure and mill assets in the Fort Nelson area of northeastern B.C. The Company reported an operating loss of $27.6 million for the third quarter of 2020, compared to an operating loss of $6.3 million reported for the second quarter of 2020. SEATTLE (Scrap Monster): Canfor Corporation reported results for second quarter of 2020. A conference call to discuss the third quarter's financial and operating results will be held on Friday, October 23, 2020 at 8:00 AM Pacific time. G[�d��5�e��if)�?�I@B���A��A6����3R�zp`g� b��!B�^E� �x)�Ι�*�� endobj %���� Prince George-Mackenzie MLA Mike Morris is among those opposed to a plan by Canfor to continue spraying glyphosate-based herbicides on area forests for the next five years. <> The online survey was conducted in Australia between late January and early February 2020. Share this article. OEV%:oqKR�m�C��U�k��yV/�զ`)UHF��0��� �E(�����x����!&�C?T+�S�kȩo��o�[M�k�Zt�[к(��F7�f�.�'�!��jW�u���ʡA�������L[�*b7Y,�!6� (���� �k���BaF�i:�Sd�@�[)��ċ8��� ���.�p��$�|��1�� ��]��W{�|�`���P�r ��è���}=��%f��ʛh� ��]7]ޅŪ�}}�bbK ��LaN��u9�rE�� z8�$����` �T�ƹ+[��́!5��n�� �o�3wP?�A[�ѭ��?��k� �2�_��v�@��C��n��-0�q���4}{J�Cs��:��!�� ����\�6N�B ��v�H:G��u�{��[�,jQ�Ǘ���L^�~��$y@Ob�>�L�g��[> z�3 *�ew�5��p��,�bC������ from Canfor Corp. are part of its plan to build a new 600,000-tonne-per-year pellet plant there. Net income of $7 million , or $0.11 per share endobj Canfor is the largest timber company operating in the Prince George TSA with an annual allowable cut of nearly four million cubic metres. Since then, CFPZF stock has increased by 119.1% and is now trading at $13.9780. 1 0 obj This interim Management’s Discussion and Analysis (“MD&A”) provides a review of Canfor Pulp Products Inc.’s (“CPPI” or “the Company”) financial performance for the quarter ended September 30, 2020 relative to the quarters ended June 30, 2020 and September 30, 2019, and the financial position of the Company at September 30, 2020. Live democratic and republican delegate counts, caucuses and primary results by state. Canfor Up Close LATEST FROM OUR BLOG. Third quarter of 2020 reported operating loss of $28 million; net loss of $18 million, or $0.28 per share; Strong balance sheet maintained, net debt to capitalization of 3.4% at September 30, 2020 ; Financial Results. Oct 22, 2020 Canfor Pulp Reports Results for Third Quarter of 2020 Full story; View all news. �X�F.�5� But with 2021 in plain sight, the whole world is keeping a close watch on … Canfor Corporation (“The Company” or “Canfor”) (TSX: CFP) today reported its third quarter 2020 results: Canfor Pulp Sustainable Product Declaration Sheets, Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million, Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of the coronavirus pandemic, Total net debt of $526 million at September 30, 2020, improvement of $331 million from prior quarter; available liquidity of $1.1 billion; net debt to capitalization of 18.6% at September 30, 2020, Adjusted shareholder net income of $259 million, or $2.07 per share, Vida Group (“Vida”) completed acquisition of Bergs Timber Production AB (“Bergs”) sawmill assets, Cumulative cash deposits of $548 million on countervailing and anti-dumping duties at September 30, 2020. <> That'll take fortnightly payments for singles to $815 each fortnight, or about $58 a day. 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Catch up on the main COVID-19 news from November 21 with our coronavirus blog. uy]bԀ����RB��� �O��~����&��xqZQ�:m�Dg&y~��� �D^霽N��il�p�p���SڭN�LN;�z8���o����=[���v���RKHz��.����_��˜��FY�x���]$?�L�������? ��?�G9�Q0���5��8��jZm K��~�Y�q�'�����E+�O�!L\ V��{��Q���wt�B�ѱ�tB�A1A2@d�;56,�V��� f�֨ʔ�*�Ѽ��q�� stream Follow the latest race results, candidates, and events leading up to the 2020 Presidential Election. x��][s�8�~OU��ْ�"7��)�km9Ne��T6v�F�lmd�C���ߟ��Y�/2�ݚ1E��F���u�������2�t�����d��xf����7�}#b��R�$�km����*JsU��7��5Z�}��Z����L���T��$���������2�N��?߾�>�2���g7Ū�-���X]F�r5��#-}�=�z|���H�8�����IL�(U�P��q�"����r��>�}�ѯ��&O��K�OԨ,6�����}���gO�� e,���X��yp��m:N(�l�g %PDF-1.7 4 0 obj Share this article. First quarter of 2020 reported operating income of $6 million. <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 26 0 R 27 0 R 28 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Canfor Co. (CFP.TO)'s stock was trading at C$8.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Canfor is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia. Posted: May 20, 2020 5:08 PM PT | Last Updated: May 21 Canfor is closing its Isle Pierre sawmill near Prince George in northern B.C. {A7�M����:w�S�� ^p�#�vc.��3� ̐�:ECDo7IzF����u�]�W 2 0 obj News provided by. ���%?���UhB#����=E��k70u��[2�8���Pjk���8QH/��K�Ď+���bsM C-o�Ҳ�� Get the latest news coverage, live stream video, and photos on the 2020 Presidential Election. Last Updated Oct 23, 2020 at 11:18 am PST The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says. Wood pellet firm Peak Renewables buys Canfor forest tenure, idled mills in for Nelson By The Canadian Press on November 18, 2020. 3 0 obj This compares with the operating loss of $88.8 million reported during Q1 this year. Canfor's stock was trading at $6.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Canfor Corporation Apr 22, 2020, 20:30 ET. Canfor Corporation Nov 17, 2020, 18:00 ET. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The CEO of wood pellet maker Peak Renewables says deals to buy forest tenure and mill assets in … Vancouver, British Columbia, Oct. 23, 2020 - Canfor Pulp Products Inc. ("The Company" or "CPPI") (TSX: CFX) on Oct. 22 reported its third quarter 2020 results: Overview. Canfor Pulp News. <>/Metadata 100 0 R/ViewerPreferences 101 0 R>> At the outset of 2020, Moderna (MRNA) was hardly a household name. Vancouver, BC — Canfor Corporation (TSX:CFP), further to its announcement on November 9, 2018, completed the purchase of Elliott Sawmilling Company Inc. (“Elliott”) on May 31, 2020. Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million. Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of the coronavirus pandemic Since then, CFP stock has increased by 125.4% and is now trading at C$19.50. ��K��qe17A��"*V8,@�e ���b�T7%� �\.9q��"� News provided by. kR�_���M�P�D`t�4�̅Q��1B�����i�w�a�.���M��a��H�B�Fv�C# ���?�~;[t�A� ��w\���Q^8.�'.�.hx�q�K�s��D��'u^2zNGY�y.��C����?�߱�K30�����P��b�{P��[�vU^.���df�[bB�� M\� �s���}sy�r3��2��;�z���&�L��W �E�6^��\��brM֊�d������l���16�xܒqٶ{wǩ�$g�4H7r�M'�����vͽ�qL.���,lW�����=P�d�,�F�+Fr� ��@k�&π�|�dr>��0� Canfor Pulp Products Inc. (CNW Group/Canfor Pulp Products Inc.) Overview. Canfor Pulp manufactures one of the highest quality pulp products available in the world – used to make strong durable products on its own, our premium reinforcing pulp is also mixed with lower grade pulps to improve the strength and versatility. The corporate logo for forest products producer Canfor Corp. is shown. During the quarter, the company reported operating income of $96.9 million, including $81 million recovery of previous inventory write-downs in lumber segment. Elliott adds over 210 million board feet of production capacity. The Digital News Report: Australia 2020 is the sixth in a series of annual reports which tracks changes in news consumption in Australia over time, particularly within the digital space. 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