GreenFirst swings to Q2 FY26 net income of CAD 5.5 million; net sales rise 59% to CAD 96.1 million vs Q1 FY26

Reuters2026/08/11 00:00

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GreenFirst swung to Q2 2026 net income of CAD 5.5 million, or CAD 0.24 a share (diluted), from a loss in Q1.
Adjusted EBITDA (non-GAAP) turned positive to CAD 11.79 million from negative in Q1.
Net sales rose 59% from Q1 to CAD 96.1 million, helped by higher shipments and stronger realized pricing.
Average realized lumber prices increased to CAD 764/mfbm from CAD 666/mfbm in Q1.
CEO Joel Fournier will step down effective Oct. 31, 2026; he cited personal reasons and will stay through the transition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GreenFirst Forest Products Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608102000BIZWIRE_USPR_____20260810_BW558637) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GreenFirst swings to Q2 FY26 net income of CAD 5.5 million; net sales rise 59% to CAD 96.1 million vs Q1 FY26

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