Bullboard - Stock Discussion Forum Canfor Pulp Products Inc T.CFX

Alternate Symbol(s): CFPUF

Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo... see more

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Canfor Pulp Products Inc > Better results in Q2... $17M adjusted EBITDA

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Post by OmahaValue on Jul 25, 2024 7:02pm

Better results in Q2... $17M adjusted EBITDA

$17M of EBITDA after adding back the $6M severance for the NW line closure.

Net Debt decreased to $79M.

Best quarter for CFX in a long time.

Probably would have been a $20M+ adjsuted EBITDA quarter if the Intercon disruption was avoided.

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Comment by Catscratch on Jul 26, 2024 1:25am

Cash flow statement looks good. Operating cash inflows of $18M (including $6M in restructuring costs re: Northwood and costs/delays re: intercon restart); Financing cash outflows of $11M (including $8M in debt repayments); Investing cash outflows of $9M (inlcuding receipt of the final $5M from taylor sale and $14M in capex which I assume also includes some extra capex re: intercon restart ...more

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Comment by claritas on Jul 26, 2024 9:05am

If you read the Company's release, they are warning of a weak quarter coming up....

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Comment by Catscratch on Jul 26, 2024 11:47am

Ya they always say that. Generally management is excessively pessimistic and non-promotional to a fault. I prefer to look at the numbers rather than the words.

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Canfor Pulp Products Inc