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Interfor Corporation (IFSPF) Q1 2023 Earnings Call Transcript

Interfor Corporation (OTCPK:IFSPF) Q1 2023 Earnings Conference Call May 5, 2023 11:30 AM ET

Company Participants

Ian Fillinger – President and Chief Executive Officer

Richard Pozzebon – Executive Vice President and Chief Financial Officer

Barton Bender – Senior Vice President, Sales & Marketing

Conference Call Participants

Sean Steuart – TD Securities

Paul Quinn – RBC Capital Markets

Roshni Luthra – BMO Capital Markets

Hamir Patel – CIBC Capital Markets

Operator

Good morning, ladies and gentlemen, and welcome to the Interfor quarterly analyst conference call. At this time all line are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Friday May 5, 2023.

I would now like to turn the conference over to Ian Fillinger. Please go ahead.

Ian Fillinger

Thank you, operator, and thank you, everyone, for joining us this morning. With me on the call, I have Rick Pozzebon, Executive Vice President and Chief Financial Officer; and Bart Bender, Senior Vice President of Sales and Marketing. Our agenda today will start off with myself providing a recap as usual of Q1 2023 and our strategic positioning. I’ll then pass the call off to Rick, who will cover our Q1 financial results, and then Rick will pass the call off to Bart, who will cover off markets.

But first off, I’d like to call out a couple of key milestones for Interfor that we’re very proud of. This quarter, we marked our 10-year anniversary of one of the most important developments in Air Force history when we made our first move to the U.S. South. Before these acquisitions, we are a western-based company. And over the past decade, we have become a major player in the southern lumber industry. Today, we have a solder portfolio of 13 mills across 6 8. In just a decade, Interfor become the third

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