Acadian Timber Corp. Reports First Quarter Results

Acadian Timber Corp.
May 7, 2025
Category: Finance & Economics
Region: Canada, Canada East

Edmundston, NEW BRUNSWICK  – Acadian Timber Corp. reported financial and operating results for the three months ended March 29, 2025. “Regional demand and pricing for our products remained stable during the first quarter of 2025, despite heightened levels of economic uncertainty. However, warm weather and limited contractor availability in Maine impacted our ability to deliver to our customers,” commented Adam Sheparski, President and Chief Executive Officer. “The establishment of our own logging operations in Maine during the first quarter reduces our dependence on external contractors going forward and we look forward to catching up on our planned volumes over the course of the rest of the year.” Acadian generated sales of $24.8 million, compared to $28.8 million in the prior year period. The first quarter of 2024 included $4.9 million in carbon credit sales, while no carbon credit sales occurred in the first quarter of 2025. 

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