Acadian Timber Reports Third Quarter Sales Growth and C$4.4M Net Income
Acadian Timber reported its third-quarter financial results, showing a slight increase in sales to C$24 million compared to C$23 million in the same period last year. The company demonstrated profitability with a net income of C$4.4 million, equivalent to C$0.23 per share. Operational performance was supported by an adjusted EBITDA of C$5 million and free cash flow generation of C$3.3 million during the quarter. These results reflect steady revenue growth and consistent cash flow management for the firm.
Topics: EBITDA free cash flow net income revenue