Acadian Timber Corp.: Financial and Operating Highlights
Strong Performance in Q3
Acadian Timber Corp. (WEB) recently released its financial and operating highlights for the third quarter of 2022. The company reported sales of $236 million, a slight decrease from the $245 million generated in the prior year quarter.
Key Takeaways
- Sales were driven by higher average selling prices for lumber and panel products.
- Production volumes remained stable despite ongoing supply chain challenges.
- The company's EBITDA margin improved to 16.5%, reflecting cost-saving initiatives and operational efficiency.
- Acadian remains well-positioned with a strong balance sheet and significant growth opportunities.
Please note that all information posted is accurate at the time of posting but may be superseded by subsequent disclosures.
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