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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
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