Acadian Timber Corp. Reports Third Quarter Results

(TSX:ADN) Acadian Timber Corp. reported financial and operating results for the three months ended September 26, 2026. Sales for the third quarter were $24.0 million, up from $23.0 million in Q3 2025. Net income for Q3 2026 was $4.4 million, with Adjusted EBITDA of $5.0 million and Free Cash Flow of $3.3 million. The Board of Directors declared dividends of $5.4 million, or $0.29 per share, to shareholders. As of September 26, 2026, Acadian had $16.4 million of net liquidity, including funds available under credit facilities. For the nine months ended September 26, 2026, timber sales and services totaled $62.0 million, compared to $64.98 million in the same period of 2025. Net income for the nine months was $9.2 million, or $0.49 per share, versus $9.3 million or $0.51 per share last year. Timber sales volume for Q3 2026 was 225,300 m3, down from 260,600 m3 in Q3 2025. New Brunswick Timberlands generated freehold sales of $15.8 million in Q3 2026, compared to $16.9 million last year, with Adjusted EBITDA of $3.9 million versus $4.4 million. Maine Timberlands reported freehold sales of $3.5 million in Q3 2026, up from $2.1 million, and Adjusted EBITDA of $1.3 million compared to $(0.5) million. Acadian owns and manages 775,000 acres of freehold timberlands in New Brunswick and 300,000 acres in Maine, and provides management services to 1.3 million acres of Crown licensed timberlands in New Brunswick. No carbon credits were sold in Q3 2026 or Q3 2025, but Acadian is registering additional carbon credits for sale, expected by the end of 2026. The company’s Real Estate business is developing new revenue sources from land through recreational activities, commercial leases, and land sales. The quarterly dividend of $0.29 per share is payable on January 15, 2027, to shareholders of record as of December 31, 2026. The company’s balance sheet remains solid, and operational improvements in Maine have led to higher volumes and lower costs. The weighted average selling price for timber increased 17% in Q3 2026, offsetting a 14% decrease in sales volumes, both excluding biomass. Timber services revenue increased $0.8 million in Q3 2026 compared to Q3 2025, mainly due to increased activity for neighbouring landowners in Maine. Operating costs and expenses increased by $0.2 million from Q3 2025. Freehold variable costs per m3 in New Brunswick were 16% higher due to higher fuel adjustment costs. In Maine, freehold cost of sales per m3 were 39% lower than Q3 2025 due to operational efficiencies. The company’s primary business is the production of softwood and hardwood sawlogs, pulpwood, and biomass by-products, sold to approximately 85 regional customers.

Acadian Timber Corp. Reports Second Quarter Results

(TSX:ADN) Acadian Timber Corp. reported financial and operating results for the three months ended June 27, 2026, generating sales of $14.6 million compared to $17.1 million in the second quarter of 2025. The company generated $1.3 million of net income, $1.3 million of Adjusted EBITDA, and $0.2 million of Free Cash Flow during the second quarter. The Board of Directors declared dividends of $5.4 million, or $0.29 per share, to shareholders. Acadian’s balance sheet showed $15.0 million of net liquidity as at June 27, 2026. Timber sales volume for Q2 2026 was 132.1 thousand m3, down from 191.0 thousand m3 in Q2 2025, and the weighted average selling price increased 19%. The company projects that Maine will continue delivering stronger results in 2026 compared to last year, and that New Brunswick will return to normal harvesting levels over the rest of the year.

Acadian Timber Corp. Reports First Quarter Results

Acadian Timber Corp. (TSX:ADN) reported its financial and operating results for the first quarter ended March 28, 2026. The company generated sales of $23.4 million, Adjusted EBITDA of $4.8 million, and Free Cash Flow of $2.5 million during the quarter. Net income for Q1 2026 was $3.5 million, or $0.19 per share, and dividends of $5.3 million or $0.29 per share were declared. Acadian’s balance sheet remains solid with $15.0 million of net liquidity as at March 28, 2026.