Q1 2024 Adjusted EBITDA grew 6.3% to $45.6 million, from $42.9 million during the same period in 2023.
财务
If lumber prices do not increase, Swedish sawmills will show catastrophic results in the autumn when the current wood raw material prices reflect in their financials.
Revenue has decreased due to some material prices stabilizing at a lower level which are less than the prior few years and a more competitive construction market fueled by interest rate hikes by the Bank of Canada.
Adjusted EBITDA was $39 million, or 5.3% of net sales, for the Q1 2024, compared to $47 million, or 5.9% of net sales in the Q1 2023, which includes the net benefit of duty-related items.
The revenue decline was primarily due to lower sales volumes.
Iberpapel reported a net profit of Euro 3.93 million in 1Q 2024, year-on-year growth of 0.64%. EBITDA amounted to Euro 7.68 million, down 6.93% from 1Q 2023.
Adjusted EBITDA for Q1 2024 was negative $3.5 million compared to negative $18.0 million in Q4 2023. In Q1 2024, this represents a positive contribution from the Company’s lumber operations and a negative contribution from the paper operations and overhead.
Q1 2024 operating margin loss was 14.5% compared to an operating margin loss of 5.5% in the Q1 of last year. Adjusted operating margin loss was 15.2% compared to an adjusted operating margin loss1 of 4.5% in the Q1 2023.
Ence’s consolidated operating result (EBITDA) reached Euro 45 million in the Q1 2024, 78% more than the previous quarter.
The Homag Group’s order intake increased by 7% to Euro 377 million in the first three months of 2024 (previous year: Euro 353 million).
EBITDA was negative $0.5 million for the Q1 2024, compared to EBITDA of negative $3.5 million in the Q4 2023 and negative $6.9 million in the Q1 2023.
Q1 2024 Adjusted EBITDA was $118 million (13% margin) vs. $117 million (12% margin) in Q4 2023.
Mercer International Inc. reported Q1 2024 Operating EBITDA of $63.6 million, an increase from $27.5 million in the same quarter of 2023 and $21.1 million in the Q4 2023.
Adjusted EBITDA was a loss of $22.3 million on sales of $813.2 million in Q1 2024 versus a loss of $51.4 million on sales of $785.9 million in Q4 2023 and Adjusted EBITDA of $26.1 million on sales of $829.9 million in Q1 2023.
Net earnings were $3.5 million or $0.14 per share for the three-month period ended March 31, 2024, compared to $9.5 million or $0.37 per share for the equivalent period last year.
Net income for the Q1 2024 was $77 million, or $1.36 per share, compared to net income of $60 million, or $1.03 per share, in the corresponding period of 2023.
Net income for the Q1 2024 totaled $6.0 million, or $0.35 per share, compared to net income of $5.6 million, or $0.33 per share in the same period of 2023.
Gross profit was $1.3 billion, a decrease of 5.2% compared to the prior year period.
Lower lumber prices and decreased shipments contribute to reduced revenue.
Net income for the Q1 2024 was $17 million, or $1.02 per diluted share, compared to net income for the Q1 2023 of $24 million, or $1.40 per diluted share.