Ken Shields
Chair and CEO of Conifex
Replay available
Conifex Timber Inc. (TSX: CFF) Q2 2026 earnings conference call, held 2026-08-14. Replay captured from the company's public earnings webcast.

Chair and CEO of Conifex
Analyst, Raymond James
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WEBVTT 00:00:00.304 -- 00:00:03.827 I would now like to turn the conference over to Ken Shields, CEO. 00:00:03.827 -- 00:00:06.208 Please go ahead. 00:00:06.208 -- 00:00:12.113 Well, thank you very much, and good morning, everyone, and welcome to our call covering 00:00:12.113 -- 00:00:15.295 our second quarter and six-month 00:00:15.295 -- 00:00:20.479 results. I'm Ken Shields, the chair and CEO of ConEffects, and I'm joined 00:00:20.479 -- 00:00:25.943 today by our CFO, Trevor Pruden, and our president and chief operating officer, 00:00:25.943 -- 00:00:28.064 Andrew McLellan. 00:00:28.064 -- 00:00:29.766 Let's quickly... 00:00:29.766 -- 00:00:35.130 set aside a housekeeping item. We will be making forward-looking statements and references 00:00:35.130 -- 00:00:37.111 to non-IFRS 00:00:37.111 -- 00:00:42.194 measures and therefore call your attention to the warning statements set out on 00:00:42.194 -- 00:00:47.437 pages one and two of our management discussion and analysis document dated 00:00:47.437 -- 00:00:52.220 August 14th, 2026 that we released this morning. 00:00:52.220 -- 00:00:57.276 On our previous calls with you in March and May of this year, We expressed 00:00:57.276 -- 00:01:02.660 our belief that 2026 would be a transition year for Conifex. 00:01:02.660 -- 00:01:07.944 Curtailments and single shift operations in the first half of 2026 00:01:07.944 -- 00:01:10.045 would help 00:01:10.045 -- 00:01:15.189 preserve cash and would limit EBITDA losses during a period of high 00:01:15.189 -- 00:01:20.693 duties and low lumber prices. We also disclosed that management was advancing 00:01:20.693 -- 00:01:25.892 initiatives with the aim of securing additional funding recognizing that 00:01:25.892 -- 00:01:31.034 the resumption of operations in the back half of ...