Acadian Timber Q1 net income falls 5.1% to CAD 3.47 million; sales slip 5.7% to CAD 23.41 million

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  • Acadian Timber reported Q1 2026 net income of CAD 3.47 million, down 5.14%, as sales slipped 5.73% to CAD 23.41 million.
  • Adjusted EBITDA edged up to CAD 4.78 million from CAD 4.68 million, lifting adjusted EBITDA margin 1 percentage point to 20%.
  • Free Cash Flow fell to CAD 2.47 million from CAD 3.01 million.
  • Maine Timberlands adjusted EBITDA turned positive at CAD 405,000 from a loss of CAD 674,000 as freehold sales rose to CAD 3.24 million from CAD 2.42 million.
  • Interim CEO Malcolm Cockwell said performance was steady despite challenging forest products markets, while outlook flagged stable near-term sawlog demand with pulpwood demand and pricing expected to remain reduced into 2026.


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