MONTREAL — Tembec saw consolidated sales fall to $365 million, from $404 million in the corresponding period last year. The company generated a net loss of $16 million compared to net earnings of $30 million in the previous Q3. The current results include approximately $12 million of incremental costs related to planned major maintenance conducted at two large operating sites. Adjusted EBITDA was $2 million, as compared to $30 million a year ago and $12 million in the prior quarter.
Tembec sales drop in Q3
Most Recent
Most Read
Amazon unveils new fulfilment strategy
Fri, September 22nd, 2023
Quebec balks at waiving LBM sales tax
Fri, September 22nd, 2023
Home Hardware dealer-owners mark National Forest Week
Fri, September 22nd, 2023
Retail sales edge up in July
Fri, September 22nd, 2023
Last day today to get low hotel rate for our Conference in Whistler!
Thu, September 21st, 2023
Wolseley to add new location in Toronto
Thu, September 21st, 2023
Throwback Thursday: 20 years ago, Sodisco-Howden began the process which led to its sale
Thu, September 21st, 2023
TIMBER MART charity raises funds for kids with golf tournament
Thu, September 21st, 2023
Nova Scotia store wins Home Hardware’s Walter J. Hachborn Award
Wed, September 20th, 2023
New report details market share of every retail banner in Canada
Wed, September 20th, 2023