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West Fraser reports record sales, earnings in second quarter


July 20, 2018
By P&PC staff

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July 20, 2018 – West Fraser Timber Co. Ltd. has published its second quarter 2018 results, showing record sales and operating earnings for the quarter.

Among other highlights are:Record sales and operating earnings for the quarter

  • Earnings up 76 per cent from previous quarter and 137 per cent 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 per cent and available liquidity of $864 million

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