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