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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 Executive Officer, Director
Charles Henry Watkins
Vice President - Capital and Technology
Christopher A. Virostek
Chief Financial Officer, Vice President - Finance
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
D'Arcy Robert Henderson
Vice President - Canadian Woodlands Operations
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 nine months ended 30 September 2020, WestFraser Timber Co. Ltd. revenues increased 11% to C$4.16B.Net income totaled C$410M vs. loss of C$108M. Revenuesreflect Lumber segment increase of 20% to C$3.07B, U.S.A.segment increase of 21% to C$2.67B, Canada segment increaseof 4% to C$796M. Net Income reflects Lumber segment incometotaling C$539M vs. loss of C$137M, Panels segment incomeincrease from C$27M to C$68M.
Employees: 8,200 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $5,845M as of Sep 30, 2020
Annual revenue (TTM): $5,290M as of Sep 30, 2020
EBITDA (TTM): $827.00M as of Sep 30, 2020
Net annual income (TTM): $368.00M as of Sep 30, 2020
Free cash flow (TTM): $654.00M as of Sep 30, 2020
Net Debt Last Fiscal Year: $364.00M as of Sep 30, 2020
Shares outstanding: 68,676,897 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization