West Fraser Announces Second Quarter Results

Jul 19, 2018

Vancouver, B.C. – West Fraser Timber Co. Ltd. reports second quarter 2018 results:

Second Quarter Highlights

  • Record sales and operating earnings for the quarter
  • Earnings up 76% from previous quarter and 137% from the second quarter of 2017
  • Strong product pricing across all operating segments
  • Repurchased 2.878 million shares for $256 million at an average price of $88.94
  • Quarter ending net debt to capital ratio of 11% and available liquidity of $864 million

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

www.westfraser.com