Rayonier(US:RYN)2023-05-04 14:51Financial Performance - Sales for Q1 2023 were $179.1 million compared to $222.0 million in Q1 2022[8] - Operating income for Q1 2023 was $10.6 million compared to $45.3 million in Q1 2022[8] - Adjusted EBITDA for Q1 2023 was $54.7 million compared to $98.1 million in Q1 2022[8] - Cash Available for Distribution (CAD) was $30.0 million for Q1 2023, compared to $64.5 million for Q1 2022[7, 14] Segment Overview - Southern Timber: Total sales were $71.8 million in Q1 2023[17] - Weighted average total stumpage pricing was $24.03 per ton in Q1 2023[17] - Pacific Northwest Timber: Total volume was 384,000 tons in Q1 2023[3] - Export volume accounted for 13% of the total volume in Q1 2023[3] - New Zealand Timber: Total sales were $44.1 million in Q1 2023[5] - Export volume accounted for 60% of total volume in Q1 2023[5] Real Estate - Total sales were $16.3 million in Q1 2023[25] - Weighted average price per acre was $6,200 [25]