March 27 (Reuters) - Conifex Timber Inc ::CONIFEX REPORTS 2018 YEAR END AND FOURTH QUARTER RESULTS.QTRLY NET LOSS PER SHARE BASIC AND DILUTED $0.49.
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Nov 8 (Reuters) - Conifex Timber Inc ::CONIFEX ANNOUNCES THIRD QUARTER RESULTS.Q3 EARNINGS PER SHARE C$0.09.Q3 REVENUE ROSE 51 PERCENT TO C$182.1 MILLION.
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Aug 10 (Reuters) - Conifex Timber Inc ::CONIFEX ANNOUNCES RECORD SECOND QUARTER RESULTS.CONIFEX TIMBER INC - QTRLY EARNINGS PER SHARE $0.35.CONIFEX TIMBER INC - EXPECT U.S. MARKET TO CONTINUE ITS GRADUAL RECOVERY IN BOTH HOUSING AND REPAIR AND REMODELLING SECTORS.CONIFEX TIMBER INC - EXPECT SALES VOLUME TO CHINA AND JAPAN WILL REMAIN STEADY AND INTEND TO CONTINUE TO DEVELOP SALES INTO OTHER EXPORT MARKETS.CONIFEX TIMBER INC - QTRLY TOTAL SALES $200.3 MILLION VERSUS $116.4 MILLION.
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May 15 (Reuters) - Conifex Timber Inc ::CONIFEX ANNOUNCES AGREEMENT WITH BLUE WOLF CAPITAL PARTNERS RESULTING IN MAJOR EXPANSION IN SOUTHEASTERN UNITED STATES.CONIFEX TIMBER - AS A RESULT OF DEAL, CONIFEX'S ANNUAL LUMBER PRODUCTION CAPACITY WILL INCREASE BY APPROXIMATELY 50% TO 1.1 BILLION BOARD FEET.CONIFEX TIMBER - CO'S CONSIDERATION FOR DEAL HAS $150.0 MILLION PLUS NET WORKING CAPITAL OF BW GROUP AT CLOSING IN CASH.CONIFEX TIMBER - AS PART OF DEAL, CHARLES MILLER AND GEORGE JUDD SHALL BE APPOINTED TO CONIFEX'S BOARD OF DIRECTORS ON CLOSING OF TRANSACTION.CONIFEX TIMBER - ESTIMATES THAT INTEGRATING ACQUIRED MILLS WITH ITS EXISTING OPERATIONS WILL GENERATE OVER US$5 MILLION IN SYNERGIES.CONIFEX TIMBER INC - BELIEVES ANNUAL RUN-RATE BENEFITS WILL BE ACHIEVED WITHIN 12 MONTHS OF CLOSING TRANSACTION.CONIFEX TIMBER INC - IMMEDIATE CASH FLOW GENERATION AND EARNINGS ACCRETION FROM DEAL.
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Feb 16 (Reuters) - Conifex Timber Inc ::CONIFEX ANNOUNCES STRONG FOURTH QUARTER AND ANNUAL RESULTS.Q4 EARNINGS PER SHARE C$0.30.REVENUES WERE $132.7 MILLION IN Q4 OF 2017 VERSUS $102.0 MILLION IN Q4 OF 2016.
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Nov 9 (Reuters) - Conifex Timber Inc :Conifex announces strong third quarter results.Conifex Timber Inc - Qtrly net income per share $0.23.Conifex Timber Inc - Qtrly sales $120.3 million versus $104.1 million.Conifex Timber Inc - Will initially operate ed mill on a one-shift basis & expect to ramp-up production to about 90% of capacity by dec 2018.Conifex Timber - Expect that uncertainty around softwood lumber dispute to contribute to further volatility in U.S. market conditions & pricing.Conifex Timber Inc - Expect lumber demand and pricing to continue to remain solid in chinese and japanese markets through balance of year.Conifex Timber Inc - Expect further strengthening of WSPF prices early in Q4 of 2017.Conifex Timber - Through closing months of 2017, expect demand in U.S. and Canadian lumber markets to improve average benchmark Western SPF prices.
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Aug 10 (Reuters) - Conifex Timber Inc :Conifex announces record second quarter results.Qtrly sales $116.4 million versus $100.3 million.Q2 earnings per share C$0.16."severe forest fire season in British Columbia to date has had no material financial impact on our operations".Conifex Timber-for remainder of 2017, expect average benchmark lumber prices for western spf similar to average levels achieved in first six months of 2017.Conifex Timber - "expect that average log costs through remaining six months of year will generally remain consistent with those in first half of 2017".Conifex Timber Inc - did not incur any expense related to add deposits in Q2 of 2017.Conifex Timber Inc - currently estimates El Dorado Mill Capital Project will require capital expenditures of approximately US$50 million.Conifex Timber Inc - El Dorado Mill Capital Project is currently within management's budgeted amounts and progressing as scheduled.
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Aug 10 (Reuters) - Conifex Timber Inc :Conifex announces record second quarter results.Qtrly earnings per share $0.16.Qtrly sales $116.4 million versus $103.7 million.
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May 15 (Reuters) - Conifex Timber Inc :Conifex announces first quarter 2017 results.Q1 loss per share C$0.06.Q1 revenue C$100.3 million versus c$102.0 million.Conifex Timber Inc qtrly lumber production totalled 124 million board feet, represented annualized operating rate of 94 percent compared to 103 percent.Conifex Timber Inc - through remainder of 2017, expect benchmark lumber prices for western SPF to average about 10% higher than levels achieved in Q1.Conifex Timber Inc - expect demand and pricing to continue to remain solid in Japanese and Chinese markets through balance of year.Conifex Timber Inc - currently estimate that El Dorado Mill Capital project will require capital expenditures of approximately US$50 million.Conifex Timber Inc - El Dorado Mill Capital project is currently within management's budgeted amounts and progressing as scheduled.
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