Canada's Canfor Pulp Products Q4 revenue misses estimates

Overview

• Canada pulp supplier's Q4 revenue missed analyst expectations

• Operating loss of C$85.6 mln due to weak pulp markets and fibre access issues

Outlook

• Global softwood kraft pulp market conditions expected to remain weak into 2026

• Maintenance outage at Intercontinental NBSK pulp mill in Q2 2026 to reduce production by 20,000 tonnes

Result Drivers

• WEAK PULP MARKETS - Ongoing global economic uncertainty and high inventory levels led to flat softwood pulp markets, impacting results

• PRODUCTION DECLINE - Scheduled maintenance and operational delays at Northwood mill reduced pulp production by 4%

• ASSET WRITE-DOWN - Co recognized a C$106.5 mln asset write-down and impairment charge due to market conditions and fibre access issues

Company press release: ID:nGNX7cXwxS

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the paper products peer group is "buy."

• Wall Street's median 12-month price target for Canfor Pulp Products Inc is C$0.58, about 6.5% above its March 5 closing price of C$0.54

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