VANCOUVER, BC — Conifex Timber 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 expense of $3.8 million in the first quarter of 2019, $3.7 million in the fourth quarter of 2018 and $6.2 million in the first quarter of 2018.