Sector: Basic Materials | Industry: Forest & Wood Products |
Company Contact | |
Address: | 885 West Georgia Street, Suite 1500 VANCOUVER BC V6C 3E8 |
Tel: | 1-416-7774426 |
Website: | https://www.westfraser.com |
IR: | See website |
Key People | ||
Sean P. McLaren President, Chief Executive Officer, Director | Christopher Andrew Virostek Chief Financial Officer, Senior Vice President - Finance | Robin A. Lampard Senior Vice President - Finance |
Kevin John Burke Senior Vice President - Wood Products | Keith Darren Carter Senior Vice President, Western Canada | James William Gorman Senior Vice President - Corporate and Government Relations | Alan Mcmeekin Senior Vice President, Europe |
Business Overview |
West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 60 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services. |
Financial Overview |
For the fiscal year ended 31 December 2023, West Fraser Timber Co. Ltd. revenues decreased 33% to $6.45B. Net loss totaled $167M vs. income of $1.98B. Revenues reflect Lumber segment decrease of 38% to $2.72B, NA EWP segment decrease of 31% to $2.6B, Europe EWP segment decrease of 30% to $517M, U.S.A. segment decrease of 36% to $4.25B, Canada segment decrease of 27% to $1.12B, Other Asian Countries segment decrease of 27% to $557M. |
Employees: | 10,800 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $9,125M as of Dec 31, 2023 |
Annual revenue (TTM): | $8,756M as of Dec 31, 2023 |
EBITDA (TTM): | $727.19M as of Dec 31, 2023 |
Net annual income (TTM): | -$226.57M as of Dec 31, 2023 |
Free cash flow (TTM): | -$70.55M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 81,709,092 as of Feb 28, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |