Business
Acadian Timber Corp. Reports Second Quarter Results
EDMUNDSTON, New Brunswick, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Acadian Timber Corp. (“Acadia...
About this update from Acadian Timber Corp.
[{"type":"text","content":"Acadian Timber Corp. Reports Second Quarter Results\n\n\n\n\n\n Investors, analysts and other interested parties may access Acadian Timber Corp.’s 2025 Second Quarter Results conference call and webcast on Thursday, August 7, 2025 at 1:00PM ET. Please register\n \n here\n \n or follow the link on our website at\n \n www.acadiantimber.com/presentations-webcasts\n \n , to receive your unique PIN. For those unable to participate, a recorded rebroadcast will be available until 4:00PM ET August 7, 2026.\n \n\n\n\n EDMUNDSTON, New Brunswick, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Acadian Timber Corp. (“Acadian” or the “Company”) (TSX:ADN) today reported financial and operating results\n \n 1\n \n for the three months ended June 28, 2025 (the “second quarter”).\n \n\n “During the second quarter, Acadian delivered mixed results,” said Adam Sheparski, President and Chief Executive Officer. “Steady operations in New Brunswick were offset by lower production in Maine, where we continue developing our new internal logging operations. We remain confident that these new operations will benefit Acadian over the long term.”\n \n\n Acadian generated sales of $17.1 million, compared to $41.2 million in the prior year period. The second quarter of 2024 included $19.7 million in carbon credit sales, while no carbon credit sales occurred in the second quarter of 2025. Acadian generated $0.8 million of Free Cash Flow during the second quarter and declared dividends of $5.2 million or $0.29 per share to our shareholders. Acadian’s balance sheet remains solid with $15.1 million of net liquidity as at June 28, 2025, which includes funds available under our credit facilities.\n \n\n\n 1\n \n\n This news release makes\n \n\n reference to “Adjusted EBITDA”, which Acadian’s management defines as net income before interest, income taxes, fair value adjustments, non-cash cost of sales related to carbon credits, recovery of or impairment of land and roads and depreciation and amortization, and to “Adjusted EBITDA margin”, which is Adjusted EBITDA as a percentage of sales. Reference is also made to “Free Cash Flow”, which Acadian’s management defines\n \n\n as Adjusted EBITDA less interest paid, current income tax expense, capit...