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Canfor extends curtailment at Taylor pulp mill in BC for 'extended period of time,' after cutting production in February due to transportation shortages; supply chain backlog, rail car shortage will continue to affect Taylor mill through summer, into fall

RBC Capital reiterates Canfor at outperform with C$40 target, noting Q1 results above RBC's expectation; North American lumber prices have been flat to rising in recent weeks, and pricing trends expected to remain positive over next six to eight weeks

CIBC reiterates Canfor at outperform and lifts target C$2 to C$38, says it's poised to benefit from US housing starts, European growth opportunities; realignment of world wood flows due to Ukraine war expected to support profitability for Swedish business

Canfor and Canfor Pulp Products Q1 2022 Earnings Call - Transcript

Canfor reports Q1 net income of C$534.0M, up from year-ago C$427.8M, on sales up 14% to C$2.21B; CEO notes sustained strength in global lumber markets, while global supply chain crisis still impacts operations, forcing reductions in lumber and pulp output

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