Despite a flurry of curtailments near the end of the year, Canfor is reporting a record high in both sales and operating income.
According to the company’s end of year and fourth quarter report, Canfor shattered their previous sales record by more than 15 percent in 2018.
That works out to just under 1.4 billion dollars in sales across the year.
In the report, Canfor also mentions a record high operating income of 247 million dollars, and a net income of 184 million.
2018’s net income outpaces 2017 by more than 80 million dollars.
Even with the curtailments, the company still managed 290 million in fourth quarter sales, 42 million more than 2017.
