Edition:
United Kingdom

Canfor Corp (CFP.TO)

CFP.TO on Toronto Stock Exchange

13.23CAD
25 Mar 2019
Change (% chg)

$-0.43 (-3.15%)
Prev Close
$13.66
Open
$13.65
Day's High
$13.70
Day's Low
$13.11
Volume
436,550
Avg. Vol
471,945
52-wk High
$34.04
52-wk Low
$13.11

Latest Key Developments (Source: Significant Developments)

Canfor Announces Renewal Of Normal Course Issuer Bid
Monday, 4 Mar 2019 

March 4 (Reuters) - Canfor Corp ::CANFOR ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID.CANFOR CORP - UNDER NEW BID, COMPANY MAY PURCHASE FOR CANCELLATION UP TO 6.3 MILLION COMMON SHARES OF CO.CANFOR CORP - RENEWED NORMAL COURSE ISSUER BID WILL COMMENCE ON MARCH 7, 2019 AND CONTINUE UNTIL MARCH 6, 2020.  Full Article

Canfor Reports Results For 2018 And Fourth Quarter Of 2018
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Canfor Corp ::CANFOR REPORTS RESULTS FOR 2018 AND FOURTH QUARTER OF 2018.Q4 SALES C$1.03 BILLION.QTRLY NET LOSS PER SHARE $0.42.QTRLY ADJUSTED NET LOSS PER SHARE C$0.23."U.S. HOUSING MARKET IS CURRENTLY FORECAST TO SHOW A MODEST RECOVERY THROUGH 2019"."NORTH AMERICAN LUMBER PRICES ARE ANTICIPATED TO IMPROVE THROUGH Q1 OF 2019"."FOR COMPANY'S KEY OFFSHORE LUMBER MARKETS, DEMAND IS ANTICIPATED TO REMAIN SOLID THROUGH Q1 OF 2019"."NOTWITHSTANDING HIGH INVENTORY LEVELS, GLOBAL SOFTWOOD KRAFT PULP MARKETS ARE PROJECTED TO BE STEADY THROUGH FIRST HALF OF 2019".CANFOR - "RESULTS THROUGH 2019 ARE ANTICIPATED TO BE IMPACTED BY CONTINUED LOG COST PRESSURE IN WESTERN CANADA"."BLEACHED KRAFT PAPER DEMAND IS EXPECTED TO REMAIN SOLID THROUGH Q1 OF 2019".  Full Article

Canfor To Acquire Elliott Sawmilling Co., Inc.
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Canfor Corp ::CANFOR TO ACQUIRE ELLIOTT SAWMILLING CO., INC..CANFOR CORP - DEAL FOR PURCHASE PRICE OF US$110 MILLION, WHICH INCLUDES NORMALIZED WORKING CAPITAL..CANFOR CORP - NASH ELLIOTT WILL CONTINUE AS GENERAL MANAGER AFTER TRANSACTION IS COMPLETED.CANFOR CORP - DEAL TO BE COMPLETED IN 2 PHASES WITH 49% BEING ACQUIRED ON CLOSING, 51% ONE YEAR LATER.  Full Article

Canfor Reports Results For Third Quarter Of 2018
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Canfor Corp ::CANFOR REPORTS RESULTS FOR THIRD QUARTER OF 2018.Q3 ADJUSTED EARNINGS PER SHARE C$1.23.Q3 EARNINGS PER SHARE VIEW C$0.72 -- THOMSON REUTERS I/B/E/S.Q3 SALES C$1.32 BILLION.QTRLY EARNINGS PER SHARE $0.98.  Full Article

Canfor Q2 Adjusted Earnings Per Share C$1.66
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Canfor Corp ::CANFOR REPORTS RESULTS FOR SECOND QUARTER OF 2018.Q2 ADJUSTED EARNINGS PER SHARE C$1.66.Q2 EARNINGS PER SHARE VIEW C$1.22 -- THOMSON REUTERS I/B/E/S.QTRLY SALES C$1,459.5 MILLION VERSUS C$1,159.6 MILLION.  Full Article

Canfor Corp Reports Qtrly sales C$1.23 bln
Wednesday, 25 Apr 2018 

April 24 (Reuters) - Canfor Corp ::CANFOR REPORTS RESULTS FOR FIRST QUARTER OF 2018.Q1 ADJUSTED EARNINGS PER SHARE C$1.13.Q1 EARNINGS PER SHARE VIEW C$0.88 -- THOMSON REUTERS I/B/E/S.SAYS QTRLY SALES C$1.23 BILLION VERSUS C$1.11 BILLION.  Full Article

Canfor reports Q3 adjusted earnings per share c$0.65
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Canfor Corp :Canfor reports results for third quarter of 2017.Q3 adjusted earnings per share c$0.65.Q3 earnings per share view c$0.37 -- Thomson Reuters I/B/E/S.Canfor Corp - qtrly ‍shr $0.51​.Canfor Corp - qtrly ‍sales $1.17 billion versus $1.10 billion.Canfor Corp - ‍on Oct 20 board approved c$160 million capital investment program focused on Canfor's US South Sawmill operations.Canfor Corp - capital investment program to increase production capacity in co's US South Sawmill operations​ by about 350 million board feet by end of 2019.  Full Article

CANADA STOCKS-TSX rebounds from three-week low as energy, material stocks gain

March 11 Canada's main stock index rebounded from a three-week low on Monday, led by shares of energy and material companies, as global equities stabilized from their worst week this year.