VANCOUVER, British Columbia -- West Fraser Timber Co. Ltd. reported second-quarter operating earnings of $1.488 billion on sales of $3.779 billion, a 61% increase from the first quarter of the year.
Toronto-based Norbord Inc., the world's largest producer of oriented strand board (OSB), has been acquired by West Fraser Timber Co. Ltd. in an all-stock transaction valued at C$4.0 billion (US $3.1 billion).
West Fraser Timber Co., a diversified wood products company, reported a better than expected second quarter profit of $48 million in spite of lower revenues due to COVID-19-induced production curtailments. In comparison, the company reported a loss of $58 million for the second quarter of 2019.
West Fraser Timber Co. Ltd. (TSX:WFT) announced sold $300 million of senior unsecured notes to U.S. invesntors, using proceeeds to repay its outstanding 5.2% senior unsecured notes that matured today.
Emerald Ash Borers will spare 30-40% or more of the blue ash, and 20-30% of the white ash. The wood industry's most viewed report has video on reclaimed dead ash. Also popular: birch plywood Teardrop Trailer production.
West Fraser Timber Co. Ltd. reported earnings of $118 million or $1.37 per share on sales of $833 million in the fourth quarter of 2013 and earnings of $349 million or $4.07 per share, on sales of $3,474 million for 2013.
The Board of Directors of West Fraser Timber Co. Ltd. has declared a quarterly dividend of $0.14 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 13, 2014 to shareholders of record on December 23, 2013.
VANCOUVER, BC -- West Fraser Timber Co. Ltd. reported earnings after discontinued operations of $63 million on sales of $772 million in the second quarter of 2010 and earnings after discontinued operations of $83 million on sales of $1.5 billion for the first half of 2010.
Vancouver, B.C. – West Fraser Timber Co. Ltd. today reported earnings after discontinued operations of $63 million or $1.46 per share on sales of $772 million in the second quarter of 2010 and earnings after discontinued operations of $83 million or $1.91 per share, on sales of $1.5 billion for the first half of 2010.