GreenFirst Forest Products Inc. (GFP) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning ladies and gentlemen and welcome to Green First's 2026 second quarter results conference call. Please note that all lines are muted to prevent any background noise. During the conference call, Green First representatives will be making certain statements about future financial and operational performance, business outlook and capital plans. These statements may contain forward-looking information or forward-looking statements within the meaning of the Canadian Securities Law. Such statements involve certain risks, uncertainties, and assumptions which may cause Green First's actual or future results and performance to be materially different from those expressed or implied in these statements. Additional information about these risks Factors and Assumptions is included in Green First MD&A and Annual AIF, which can be accessed on the company's website or through CEDAR+. After the speaker's remarks, there will be a question and answer session. Please submit your questions through the online portal. I will now pass over to Joel Fournier to begin the management presentation. Thank you, Sylvie. And good morning, everyone, and welcome to our second quarter 2026 Learning Call. I'm Joel Fournier, the Chief Executive Officer of Green First. Today, I'm joined by Peter Ferrante, our CFO, and Michel Lessard, our President. I'm pleased to announce that during the second quarter, our production and shipment volume increased by over 20 and 40% respectively. Her net sales saw a significant increase of approximately 60% as a result of increase in the benchmark lumber price and strong sales volume. This helped us deliver positive operating income and EBITDA during the quarter. Compared to the previous quarter, we ended Q2 generating approximately $96 million in net sales. ...