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Stock impact report

WEST FRASER ANNOUNCES FIRST QUARTER 2024 RESULTS [Yahoo! Finance]

West Fraser Timber Co. Ltd Common stock (WFG) 
Company Research Source: Yahoo! Finance
quarter results of 2024 ("Q1-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. First Quarter Highlights Sales of $1.627 billion and earnings of $35 million , or per diluted share Adjusted EBITDA of $200 million , representing 12% of sales Lumber segment Adjusted EBITDA of $10 million North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA of $188 million Pulp & Paper segment Adjusted EBITDA of $3 million Europe Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA of $(1) million Repurchased 105,666 shares for aggregate consideration of $8 million Completed sale of Hinton pulp mill to Mondi Group plc Subsequent to quarter-end, completed sale of Quesnel River Pulp mill and Slave Lake Pulp mill to Atlas Holdings Subsequent to quarter-end, announced dissolution of Cariboo Pulp & Paper ("CPP") 50/50 JV with Mercer, and West Fraser's continuation as sole owner/operator of CPP "Our North Am Show less Read more
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