Canfor Corporation (CFPZF) Q2 2023 Earnings Call Transcript

Canfor Corporation (OTCPK:CFPZF) Q2 2023 Earnings Conference Call July 28, 2023 11:00 AM ET

Company Participants

Don Kayne – President & Chief Executive Officer, Canfor Corporation

Kevin Edgson – President & Chief Executive Officer, Canfor Pulp

Pat Elliott – Chief Financial Officer, Canfor Corporation & Canfor Pulp & Senior Vice President, Sustainability

Kevin Pankratz – Senior Vice President, Sales & Marketing

Conference Call Participants

Hamir Patel – CIBC Capital Markets

Sean Steuart – TD Securities

Ketan Mamtora – BMO

Paul Quinn – RBC Capital Markets


Good morning. My name is Michelle and I will be your conference operator today. Welcome to Canfor and Canfor Pulp’s Second Quarter Analyst Call. All lines have been placed on mute to prevent any background noise.

During this call, Canfor and Canfor Pulp’s Chief Financial Officer will be referring to a slide presentation that is available in the Investor Relations section of the company’s website. Also, the companies would like to point out that this call will include forward-looking statements. So, please refer to the press releases for the associated risks of such statements.

I’d now like to turn the meeting over to Mr. Don Kayne, Canfor Corporation’s President and Chief Executive Officer. Please go ahead Mr. Kayne.

Don Kayne

Thank you, Michelle and good morning, everyone. Thank you for joining the Canfor and Canfor Pulp Q2 2023 results conference call. I’m going to make a few comments before I turn things over to Kevin Edgson, Canfor’s Pulp President and Chief Executive Officer and Pat Elliott, our Chief Financial Officer of Canfor Corporation and Canfor Pulp and our Senior Vice President of Sustainability as well. In addition we are joined by Kevin Pankratz, our Senior Vice President of Sales and Marketing.

In the second quarter, we continued our strategy to align our operating footprint in

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