May 14 (Reuters) - Conifex Timber Inc CFF.TO :
* CONIFEX ANNOUNCES FIRST QUARTER 2019 RESULTS
* QTRLY LOSS PER SHARE $0.25
* QTRLY REVENUES FROM CONTINUING OPERATIONS TOTALED $133.7 MILLION, DOWN 2% VERSUS PRIOR QUARTER
* CONTINUE TO BELIEVE THAT CURRENT LUMBER PRICES DO NOT PROPERLY REFLECT FUNDAMENTAL SUPPLY
* CONIFEX TIMBER - ALSO CONTINUE TO BELIEVE CURRENT LUMBER PRICES DO NOT REFLECT DEMAND FACTORS THAT ARE EXPECTED TO DRIVE LUMBER PRICING THROUGH REST OF 2019 & 2020
* IN TERMS OF LUMBER DEMAND, WE EXPECT LUMBER CONSUMPTION WILL CONTINUE TO GROW OVER NEXT TWO YEARS
* EXPECT GROWTH IN LUMBER DEMAND WILL OUTPACE GROWTH IN NET NEW SUPPLY
* EXPECT CAPACITY UTILIZATION RATES WILL REMAIN ELEVATED
* EXPECT LUMBER PRICES, WHILE REMAINING VOLATILE, WILL IMPROVE
* Q1 EARNINGS PER SHARE VIEW C$-0.24, REVENUE VIEW C$157.0 MILLION -- REFINITIV IBES DATA