BURNABY, BC — Interfor recorded a Net loss in Q2’24 of $75.8 million compared to a Net loss of $72.9 million, and a Net loss of $14.1 million in Q2’23. Adjusted EBITDA was a loss of $16.7 million on sales of $771.2 million in Q2’24 versus a loss of $22.3 million on sales of $813.2 million in Q1’24 and Adjusted EBITDA of $41.9 million on sales of $871.8 million in Q2’23. …In Q2’24, lumber production totalled 1.0 billion board feet, representing a 35 million board foot decrease over the prior quarter. This decrease partially reflects the temporary production curtailments announced on April 30, 2024 and the indefinite curtailment of the Philomath, Oregon sawmill. …In response to the ongoing market weakness, Interfor plans to temporarily reduce its total lumber production by approximately 280 to 350 million board feet between August and December of 2024, representing 15 to 18% of its normal operating stance.