Portland, Maine- Acadian Timber Corp. recently held its Q3 2024 Analyst Conference Call on October 31, 2024, at 1:00 PM ET. During the call, the company’s Chief Financial Officer, Susan Wood, and President and Chief Executive Officer, Adam Sheparski, discussed the financial and operational performance of the company in the third quarter of 2024.

Wood started the conference by cautioning listeners that the company may make forward-looking statements during the discussion, which are subject to known and unknown risks. She encouraged investors to review the company’s news release and MD&A for further information on these risk factors.

Acadian Timber reported solid sales volume in the third quarter of 2024, attributed to favorable operating conditions. However, pricing was impacted by changes in product mix and weak end use markets, leading to lower sales compared to the same quarter in 2023.

Sheparski added further comments on the company’s performance and provided insights on the outlook for the remainder of 2024 and into 2025. The discussion highlighted the challenges faced by the company in a volatile market environment and the strategies being implemented to navigate these obstacles.

Overall, Acadian Timber’s leadership expressed confidence in the company’s ability to adapt to changing market conditions and drive sustainable growth in the future. The conference call concluded with a question-and-answer session, allowing investors and analysts to engage with the management team and gain further clarity on the company’s strategic direction.