Q4 2024 Interfor Corp Earnings Call Transcript

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Feb 14, 2025

Feb 14, 2025 / 05:00PM GMT
Operator

Good morning. My name is Sylvie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Interfor analyst conference call. (Operator Instructions)

Mr. Fillinger, you may begin your conference.

Ian Fillinger - Interfor Corp - President, Chief Executive Officer, Director

Thank you, operator, and thank you, everyone, for joining us this morning. With me on the call, I have Rick Pozzebon, Executive Vice President and Chief Financial Officer; and Bart Bender, Senior Vice President of Sales and Marketing.

I'll start off by providing a brief recap of 2024 and our Q4 quarter before passing the call to Rick and Bart. 2024 was a year where we again strengthened our company and our portfolio. During another down market year which saw persistent low lumber prices, we continue delivering on the controllables, achieving positive operating cash flow of $144 million. I thought a few notables were worth mentioning. Number one, solid synergy achievements were made with our log and lumber inventory targets, achieving

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