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West Fraser Timber Co. Ltd. (T:WFG)

Business Focus: Logging & Sawmills

Sector:  Basic Materials Industry:  Forest & Wood Products
Company Contact
Address: 885 West Georgia Street, Suite 1500
Tel: 1-416-7774426
IR: See website
Key People
Sean P. McLaren
President, Chief Executive Officer, Director
Christopher Andrew Virostek
Chief Financial Officer, Senior Vice President - Finance
Kevin John Burke
Executive Vice President - North American Operations
Robin A. Lampard
Senior Vice President - Finance
Matthew V. Tobin
Senior Vice President - Sales and Marketing
Keith Darren Carter
Senior Vice President, Western Canada
James William Gorman
Senior Vice President - Corporate Services
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 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.
Financial Overview
For the three months ended 29 March 2024, West Fraser Timber Co. Ltd. revenues remained flat at $1.63B. Net income totaled $35M vs. loss of $42M. Revenues reflect NA EWP segment increase of 29% to $695M, U.S.A. segment increase of 5% to $1.06B, Canada segment increase of 8% to $308M, Other segment increase of 50% to $3M, also reflect Lumber segment decrease of 8% to $673M, Europe EWP segment decrease of 33% to $108M.
Employees: 10,800 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $8,099M as of Mar 29, 2024
Annual revenue (TTM): $8,798M as of Mar 29, 2024
EBITDA (TTM): $921.52M as of Mar 29, 2024
Net annual income (TTM): -$122.69M as of Mar 29, 2024
Free cash flow (TTM): $113.15M as of Mar 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 81,148,080 as of Jun 17, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization