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

Business Focus: Logging & Sawmills

Sector:  Basic Materials Industry:  Forest & Wood Products
See Regulatory Filings on SEDAR
Company Contact
Address: C/O West Fraser Group, 501-858 Beatty St
Tel: 1-604-8952700
IR: See website
Key People
Raymond W. Ferris
President, Chief Operating Officer, Executive Vice President
Charles Henry Watkins
Vice President - U.S. lumber Manufacturing
Edward R. Seraphim
Chief Executive Officer
Christopher A. Virostek
Chief Financial Officer, Vice President - Finance, Investor Relation
Christopher D. McIver
Vice President - Sales and Marketing
Brian Allen Balkwill
Vice President - Canadian Wood Products
Keith Darren Carter
Vice President - Pulp and Energy Operations
Larry Earl Gardner
Vice President - Canadian woodlands
James William Gorman
Vice President - Corporate and Government Relations
Sean P. McLaren
Vice President - U.S. lumber
Business Overview
West Fraser Timber Co. Ltd. is a diversified wood products company, which produces lumber (spruce-pine-fir (SPF) and southern yellow pine (SYP)), panels (plywood, medium-density fiberboard (MDF) and laminated veneer lumber (LVL)), pulp (northern bleached softwood kraft (NBSK) and bleached chemi-thermomechanical pulp (BCTMP)), newsprint, wood chips and energy. The Company's segments include Lumber, Panels, Pulp & Paper, and Corporate & Other. It offers engineered wood products. The Company holds rights to timber resources that for supplying the fiber required by its Canadian operations and have agreements for the supply of fiber required by its United States operations. It carries on its operations through subsidiaries and joint operations in British Columbia, Alberta and the southern United States. Its operations located in western Canada manufacture all of the products except SYP lumber. Its sawmills located in the southern United States produce SYP lumber and wood chips.
Financial Overview
For the fiscal year ended 31 December 2019, West Fraser Timber Co. Ltd. revenues decreased 20% to C$4.88B. Net loss totaled C$150M vs. income of C$810M. Revenues reflect Lumber segment decrease of 23% to C$3.32B, Pulp and Paper segment decrease of 17% to C$966M, Panels segment decrease of 11% to C$594M, U.S.A. segment decrease of 21% to C$2.89B, Canada segment decrease of 21% to C$979M, Other Asian Countries segment decrease of 27% to C$321M.
Employees: 8,200 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $2,720M as of Dec 31, 2019
Annual revenue (TTM): $4,877M as of Dec 31, 2019
EBITDA (TTM): $133.00M as of Dec 31, 2019
Net annual income (TTM): -$150.00M as of Dec 31, 2019
Free cash flow (TTM): -$350.00M as of Dec 31, 2019
Net Debt Last Fiscal Year: $1,042M as of Dec 31, 2019
Shares outstanding: 68,663,807 as of Feb 11, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization