West Fraser Announces 2019 First Quarter Results

Apr 25, 2019

Vancouver, B.C. - West Fraser Announces 2019 First Quarter Results.

First Quarter Highlights

  • Sales of $1.2 billion
  • Adjusted EBITDA of $110 million or 9% of sales
  • Curtailed 125 million board feet of B.C. production in the quarter
  • Permanently reduced B.C. production by 300 million board feet on an annual basis
  • Reinvested $108 million through capital expenditure and returned $64 million to shareholders through share buybacks and dividends
  • Net debt to capital ratio of 27% and available liquidity of $208 million
  • Additional $100 million operating credit facility made available on April 24, 2019

Click the PDF link to view the full Q1 release.

West Fraser shares trade on the Toronto Stock Exchange under the symbol: “WFT”.

For more information:

Chris Virostek, Vice-President, Finance and Chief Financial Officer
(604) 895-2700