Key Takeaways
- Acadian Timber reported second-quarter 2026 net sales of $14.6 million.
- Net income was $1.3 million, or $0.07 per share.
- Adjusted EBITDA was $1.3 million and free cash flow was $0.2 million.
- Sales volume totaled 132.1 thousand cubic metres.
- The board declared a dividend of $0.29 per share.
Acadian Timber Posts $14.6 Million in Second-Quarter Sales
Acadian Timber, one of the largest timberland owners and operators in the northeastern United States and eastern Canada, reported net sales of $14.6 million and net income of $1.3 million, or $0.07 per share, for the second quarter of 2026. Adjusted EBITDA was $1.3 million and free cash flow $0.2 million on sales volume of 132.1 thousand cubic metres. The board declared a quarterly dividend of $0.29 per share. The company owns and manages freehold timberland in New Brunswick and Maine and sells logs, pulpwood and biomass to sawmills and pulp mills across the region.
Maine Gains, New Brunswick Slows
“Our results reflect two trends: ongoing progress towards sustained profitability in Maine due to changes that were made during the quarter, and reduced sales volumes in New Brunswick due to elevated customer roundwood inventories,” said Malcolm Cockwell, Interim President and Chief Executive Officer of Acadian Timber.
Regional Inventories Shape Acadian Timber Volumes
Higher roundwood inventories among New Brunswick customers left them buying less wood during the quarter, holding back sales in Acadian’s largest market. In Maine, operating changes made earlier in the year moved that business toward steady profitability. The company held its dividend at $0.29 per share, a payout it treats as a core part of shareholder returns.
