GreenFirst Reports Financial Results for the Second Quarter of 2026 and CEO Transition Plan
GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) announced results for the second quarter and two quarters ended June 27, 2026. The Company’s unaudited condensed consolidated financial statements ("Financial Statements") and related Management's Discussion and Analysis ("MD&A") for the second quarter and two quarters ended June 27, 2026 are available on GreenFirst’s website at www.greenfirst.ca and on SEDAR+ at www.sedarplus.ca.
Highlights
Q2 2026 net income was $5.5 million or $0.24 earning per share (diluted), compared to net loss of $20.7 million or $0.89 loss per share (diluted) in Q1 2026. Adjusted EBITDA for Q2 2026 was positive $11.8 million compared to negative $15.1 million in Q1 2026.
Average realized lumber prices increased to $764/mfbm in Q2 2026, compared to $666/mfbm in Q1 2026, reflecting stronger benchmark lumber markets and improved pricing conditions during the quarter.
