Q1 2025 Interfor Corp Earnings Call Transcript

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May 09, 2025

May 09, 2025 / 03:00PM GMT
Operator

Good morning. My name is Chloe, 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 our first quarter before passing the call on to Rick and Bart. Adjusted EBITDA was $49 million in Q1, and despite weather challenges and tariff uncertainties, all of our operating regions were EBITDA positive. This result was largely driven by higher sales realizations across all regions.

Although the pace of single family starts remains somewhat resilient year to date in the context of interest rate environment and associated affordability challenges,

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