Conifex announces first quarter 2019 results [From the web]

VANCOUVER, British Columbia, May 15, 2019 (Global Newswire) -Conifex Timber Inc. (“Conifex”, "we" or "us") (TSX: CFF) today reported results for the first quarter ended March 31, 2019.  Adjusted EBITDA* was negative $2.7 million for the quarter, which represented an improvement of $4.5 million over the fourth quarter of 2018, attributable to an improvement in lumber segment EBITDA of $1.9 million and in corporate and unallocated items EBITDA of $2.6 million.  Compared to the first quarter of 2018, bioenergy segment EBITDA** improved by $1.1 million and lumber segment EBITDA declined by $12.6 million. Lumber segment EBITDA included softwood lumber duties ...

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