Boise Cascade Nearly Triples Income Increase

Boise Cascade Company had net income of $103.2 million for the third quarter of 2020 an increase of 280 per cent compared with net income of $27.2 million for the third quarter of 2019. Sales for the quarter were $ 1.6 billion, up 25 per cent compared to sales of $1.3 billion in the year-ago period. The wood products division sales increased 12 per cent year-over-year and the building materials distribution division sales increased 25 per cent. Overall adjusted EBITDA was $178.6 million compared to $64.1 million last year, an increase of 179 per cent.