• GreenFirst Forest Products published its MD&A for Q1 ended March 28, 2026, flagging a weak lumber demand backdrop tied to housing affordability pressures, elevated inventories, macro uncertainty, trade-related uncertainty.
• Net sales fell to CAD 60.62 million from CAD 76.95 million in Q4, driven by lower shipments; volume shipped was 83,172 mfbm at average price CAD 666/mfbm.
• Operating loss was CAD 19 million; net loss was CAD 20.68 million; Adjusted EBITDA was negative CAD 15.14 million, with results hit by CAD 12.1 million of duties and tariffs.
• Production totaled 90,661 mfbm; management expects production to return to more normalized levels in Q2, with further improvement anticipated in second half as operating rates stabilize following completion of key capital projects.
• Liquidity was bolstered by a CAD 30 million SLP Term Loan; net debt rose to CAD 61.6 million, lifting net debt to invested capital to 60.5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GreenFirst Forest Products Inc. published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.