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Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support For Immediate Release November 17, 2020 Canfor Signs Agreement with Peak Renewables to Sell Fort Nelson Tenure Vancouver, BC, Canada – Canfor announced today it has reached multi-year $30-million agreements with Peak Renewables involving the sale of the Company’s forest tenure in the Fort Nelson region of G[�d��5�e��if)�?�I@B���A��A6����3R�zp`g� b��!B�^E� �x)�Ι�*�� Net income of $7 million , or $0.11 per share Get the latest news coverage, live stream video, and photos on the 2020 Presidential Election. Vancouver, British Columbia, Oct. 23, 2020 - Canfor Pulp Products Inc. ("The Company" or "CPPI") (TSX: CFX) on Oct. 22 reported its third quarter 2020 results: Overview. Canfor is the largest timber company operating in the Prince George TSA with an annual allowable cut of nearly four million cubic metres. Canfor Corporation Apr 22, 2020, 20:30 ET. Canfor Co. (CFP.TO)'s stock was trading at C$8.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Canfor Pulp manufactures one of the highest quality pulp products available in the world – used to make strong durable products on its own, our premium reinforcing pulp is also mixed with lower grade pulps to improve the strength and versatility. The online survey was conducted in Australia between late January and early February 2020. %PDF-1.7 %���� 3 0 obj Vancouver, BC — Canfor Corporation (TSX:CFP), further to its announcement on November 9, 2018, completed the purchase of Elliott Sawmilling Company Inc. (“Elliott”) on May 31, 2020. ��K��qe17A��"*V8,@�e ���b�T7%� �\.9q��"� 1 0 obj uy]bԀ����RB��� �O��~����&��xqZQ�:m�Dg&y~��� �D^霽N��il�p�p���SڭN�LN;�z8���o����=[���v���RKHz��.����_��˜��FY�x���]$?�L�������? OEV%:oqKR�m�C��U�k��yV/�զ`)UHF��0��� ���%?���UhB#����=E��k70u��[2�8���Pjk���8QH/��K�Ď+���bsM C-o�Ҳ�� <>/Metadata 100 0 R/ViewerPreferences 101 0 R>> Live democratic and republican delegate counts, caucuses and primary results by state. H�jB!�?�֢��I�[���%�% �\���'���MH:y��O�g�ǵ@z� �-��3B��t�&l�K�bw�WT�r�!�]j�t��ŊB)K!���bu ��nȩ 3�^6���#gU�G{*�e�T`��g�@���P�+?`^�p����PJ���N��N�M��c)��ۖ~NSzK'�B�Ȥ��ü�A6%�X�G����K|��V���k}(�k���c� Elliott adds over 210 million board feet of production capacity. Ayh� �I�9���@s`����٨O�(�4����8]��d���\�e��K5Z�r�w74W�M��K��8`2 The CEO of wood pellet maker Peak Renewables says deals to buy forest tenure and mill assets in … ��8�SA��L)V���'�U��M;e5��)�m�^�. Canfor Pulp Reports Results for Second Quarter of 2020 - Yahoo Finance finance.yahoo.com - July 24 at 8:45 AM Buy the Convertible If You Can For Luckin Stock - Nasdaq Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of the coronavirus pandemic This compares with the operating loss of $88.8 million reported during Q1 this year. The Company reported an operating loss of $27.6 million for the third quarter of 2020, compared to an operating loss of $6.3 million reported for the second quarter of 2020. endobj Prince George-Mackenzie MLA Mike Morris is among those opposed to a plan by Canfor to continue spraying glyphosate-based herbicides on area forests for the next five years. • Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million • Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of … Third quarter of 2020 reported operating loss of $28 million; net loss of $18 million, or $0.28 per share; Strong balance sheet maintained, net debt to capitalization of 3.4% at September 30, 2020 ; Financial Results. stream Wood pellet firm Peak Renewables buys Canfor forest tenure, idled mills in for Nelson By The Canadian Press on November 18, 2020. ��?�G9�Q0���5��8��jZm K��~�Y�q�'�����E+�O�!L\ V��{��Q���wt�B�ѱ�tB�A1A2@d�;56,�V��� f�֨ʔ�*�Ѽ��q�� �X�F.�5� During the quarter, the company reported operating income of $96.9 million, including $81 million recovery of previous inventory write-downs in lumber segment. Since then, CFPZF stock has increased by 119.1% and is now trading at $13.9780. Canfor Corporation Nov 17, 2020, 18:00 ET. Posted: May 20, 2020 5:08 PM PT | Last Updated: May 21 Canfor is closing its Isle Pierre sawmill near Prince George in northern B.C. Follow the latest race results, candidates, and events leading up to the 2020 Presidential Election. kR�_���M�P�D`t�4�̅Q��1B�����i�w�a�.���M��a��H�B�Fv�C# ���?�~;[t�A� ��w\���Q^8.�'.�.hx�q�K�s��D��'u^2zNGY�y.��C����?�߱�K30�����P��b�{P��[�vU^.���df�[bB�� M\� �s���}sy�r3��2��;�z���&�L��W �E�6^��\��brM֊�d������l���16�xܒqٶ{wǩ�$g�4H7r�M'�����vͽ�qL.���,lW�����=P�d�,�F�+Fr� ��@k�&π�|�dr>��0� endobj Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million. endobj Share this article. Canfor Corporation (“The Company” or “Canfor”) (TSX: CFP) today reported its third quarter 2020 results: Canfor Pulp Sustainable Product Declaration Sheets, Third quarter of 2020 reported operating income of $300 million, adjusted operating income of $347 million, Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of the coronavirus pandemic, Total net debt of $526 million at September 30, 2020, improvement of $331 million from prior quarter; available liquidity of $1.1 billion; net debt to capitalization of 18.6% at September 30, 2020, Adjusted shareholder net income of $259 million, or $2.07 per share, Vida Group (“Vida”) completed acquisition of Bergs Timber Production AB (“Bergs”) sawmill assets, Cumulative cash deposits of $548 million on countervailing and anti-dumping duties at September 30, 2020. VANCOUVER, BC, Oct. 22, 2020 /CNW/ - Canfor Pulp Products Inc. ("The Company" or "CPPI") (TSX: CFX) today reported its third quarter 2020 results: Overview. This interim Management’s Discussion and Analysis (“MD&A”) provides a review of Canfor Pulp Products Inc.’s (“CPPI” or “the Company”) financial performance for the quarter ended September 30, 2020 relative to the quarters ended June 30, 2020 and September 30, 2019, and the financial position of the Company at September 30, 2020. Catch up on the main COVID-19 news from November 21 with our coronavirus blog. The Digital News Report: Australia 2020 is the sixth in a series of annual reports which tracks changes in news consumption in Australia over time, particularly within the digital space. Canfor's stock was trading at $6.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Record-high adjusted lumber earnings of $387 million, driven by unprecedented surge in lumber prices and strong operational performance across all regions despite the impact of the coronavirus pandemic News provided by. �E(�����x����!&�C?T+�S�kȩo��o�[M�k�Zt�[к(��F7�f�.�'�!��jW�u���ʡA�������L[�*b7Y,�!6� 4 0 obj News provided by. <> Canfor Pulp Products Inc. (CNW Group/Canfor Pulp Products Inc.) Overview. First quarter of 2020 reported operating income of $6 million. {A7�M����:w�S�� ^p�#�vc.��3� ̐�:ECDo7IzF����u�]�W The corporate logo for forest products producer Canfor Corp. is shown. There has been more disturbance on … At the outset of 2020, Moderna (MRNA) was hardly a household name. For Immediate Release April 9, 2020 Canfor Corporation Announces Additional COVID-19 Capacity Reductions Vancouver, BC — Canfor Corporation (TSX:CFP) is undertaking additional temporary reductions in production capacity due to the impact of COVID-19 on the price of lumber and demand. x��][s�8�~OU��ْ�"7��)�km9Ne��T6v�F�lmd�C���ߟ��Y�/2�ݚ1E��F���u�������2�t�����d��xf����7�}#b��R�$�km����*JsU��7��5Z�}��Z����L���T��$���������2�N��?߾�>�2���g7Ū�-���X]F�r5��#-}�=�z|���H�8�����IL�(U�P��q�"����r��>�}�ѯ��&O��K�OԨ,6�����}���gO�� e,���X��yp��m:N(�l�g Since then, CFP stock has increased by 125.4% and is now trading at C$19.50. The Report is published by the University of Canberra’s News and Media Research Centre (N&MRC). Share this article. Last Updated Nov 18, 2020 at 11:30 am MST CALGARY — The CEO of wood pellet maker Peak Renewables says deals to buy forest tenure and mill assets in the Fort Nelson area of northeastern B.C. Canfor Corporation (CNW Group/Canfor Corporation) Overview. Canfor Pulp News. <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 26 0 R 27 0 R 28 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> But with 2021 in plain sight, the whole world is keeping a close watch on … <> Last Updated Oct 23, 2020 at 11:18 am PST The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says. A conference call to discuss the third quarter's financial and operating results will be held on Friday, October 23, 2020 at 8:00 AM Pacific time. Oct 22, 2020 Canfor Pulp Reports Results for Third Quarter of 2020 Full story; View all news. 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