Conifex Timber Q3 net loss widens on higher duty costs

Overview

• Conifex Q3 net loss widens to C$16.6 mln, impacted by higher duty costs

• EBITDA for Q3 2025 was negative C$16.6 mln, reflecting operational challenges

• Lumber revenue decreases 4% from Q2 2025, affected by higher duty rates

Outlook

• Conifex anticipates continued lumber price volatility and uncertainty in North American markets

• Company faces challenges from increased duty deposit rates and additional tariffs

• Conifex may adjust operations based on market conditions and economic factors

Result Drivers

• DUTY COSTS - Higher duty rates significantly impacted Q3 results, leading to increased costs and reduced margins

• LOG AVAILABILITY - Increased log availability allowed for higher lumber production, improving operational rates

• BIOENERGY REVENUE - Increased electricity production post-maintenance shutdown contributed positively to revenues

Key Details

Analyst Coverage

• The one available analyst rating on the shares is "hold"

• The average consensus recommendation for the forest & wood products peer group is "buy."

• Wall Street's median 12-month price target for Conifex Timber Inc is C$0.75, about 70.7% above its November 13 closing price of C$0.22

Press Release: ID:nGNX7KDtp5

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