Edition:
India

West Fraser Timber Co Ltd (WFT.TO)

WFT.TO on Toronto Stock Exchange

54.54CAD
20 Sep 2019
Change (% chg)

$-0.59 (-1.07%)
Prev Close
$55.13
Open
$55.20
Day's High
$55.44
Day's Low
$54.05
Volume
839,397
Avg. Vol
370,642
52-wk High
$80.44
52-wk Low
$43.93

Latest Key Developments (Source: Significant Developments)

West Fraser To Reduce British Columbia Lumber And Plywood Operating Schedules And Production
Tuesday, 10 Sep 2019 

West Fraser Timber Co Ltd ::WEST FRASER TO REDUCE BRITISH COLUMBIA LUMBER AND PLYWOOD OPERATING SCHEDULES AND PRODUCTION.WEST FRASER TIMBER CO LTD - ACTIONS WILL RESULT IN AN ESTIMATED DECREASE OF PRODUCTION IN RANGE OF 15-25% OF CURRENT B.C. LUMBER PRODUCTION.WEST FRASER TIMBER CO LTD - WOULD CURTAIL B.C. PLYWOOD PRODUCTION FOR 2 WEEKS REDUCING OUTPUT BY ABOUT 9 MSF.WEST FRASER TIMBER CO LTD - CURTAILMENT OF PLYWOOD OPERATIONS IN B.C. ARE EXPECTED TO COMMENCE SEPTEMBER 16, 2019.WEST FRASER TIMBER - POTENTIAL EFFECT OF REVISED OPERATING SCHEDULES COULD BE REDUCTION BY UP TO ABOUT 100 MILLION BOARD FEET THROUGH TO END OF YEAR.WEST FRASER TIMBER - PRODUCTION REDUCTIONS AND CURTAILMENTS ARE A RESULT OF SUSTAINED WEAK MARKETS, PRICING IN WOOD PRODUCT MARKETS AND HIGH LOG COSTS.  Full Article

West Fraser Reports Quarterly Adjusted Basic Eps $0.25
Friday, 19 Jul 2019 

July 18 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES SECOND QUARTER RESULTS.QUARTERLY ADJUSTED BASIC EPS $0.25.EXPECT OUR 2019 LUMBER PRODUCTION TO BE AT LEAST 600 MILLION BOARD FEET LOWER THAN 2018.QUARTERLY BASIC EPS $0.85.QTRLY SALES $1.32 BILLION VERSUS $1.83 BILLION.EXPECT INDUSTRY PRODUCTION REDUCTIONS WILL HAVE A MORE SIGNIFICANT IMPACT ON LUMBER SUPPLY IN SECOND HALF OF 2019.LUMBER INVENTORIES REDUCED BY APPROXIMATELY 150 MILLION BOARD FEET DURING QUARTER.Q2 EARNINGS PER SHARE VIEW C$0.09, REVENUE VIEW C$1.37 BILLION -- REFINITIV IBES DATA.  Full Article

West Fraser Announces 2019 First Quarter Results
Friday, 26 Apr 2019 

April 25 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES 2019 FIRST QUARTER RESULTS.Q1 SALES C$1.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.29 BILLION.QTRLY ADJUSTED BASIC EPS $0.32.QTRLY BASIC EPS LOSS $0.07.SEVERAL OF FUNDAMENTAL FACTORS FOR U.S. HOUSING DEMAND HAVE BEEN SHOWING POSITIVE SIGNS EARLY IN 2019.IN Q2, NORMAL SPRING LOGGING CURTAILMENTS WILL SIGNIFICANTLY REDUCE LOG INVENTORIES AT OUR CANADIAN LUMBER AND PANEL MILLS."HAVE AN UPCOMING MAINTENANCE SHUT DOWN IN MAY AT OUR JOINTLY OWNED NBSK MILL IN QUESNEL".WEST FRASER TIMBER-"FIBRE COSTS IN BRITISH COLUMBIA REMAIN CHALLENGING DUE TO A TIGHT MARKET FOR PURCHASE WOOD WHICH WILL IMPACT QUOTA WOOD IN H2 2019".  Full Article

West Fraser Timber Reports Qtrly Basic EPS Of $0.42
Wednesday, 13 Feb 2019 

Feb 12 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES 2018 ANNUAL AND FOURTH QUARTER RESULTS.Q4 SALES C$1.274 BILLION.QTRLY ADJUSTED BASIC EPS OF $0.63.QTRLY BASIC EPS OF $0.42.  Full Article

West Fraser Announces Renewal Of Normal Course Issuer Bid
Monday, 17 Sep 2018 

Sept 17 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID.WEST FRASER TIMBER CO LTD - RENEWED NORMAL COURSE ISSUER BID WILL TERMINATE ON SEPTEMBER 18, 2019.  Full Article

West Fraser Timber Q4 Earnings Per Share C$2.66
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES 2017 ANNUAL AND FOURTH QUARTER RESULTS.Q4 ADJUSTED EARNINGS PER SHARE C$2.58.Q4 EARNINGS PER SHARE C$2.66.QTRLY ‍SALES OF $1.376 BILLION, AN INCREASE OF $269 MILLION OR 24% FROM Q4 OF 2016​.DECLARED DIVIDEND OF $0.15/SHARE ON COMMON SHARES & CLASS B COMMON SHARE, REPRESENTING INCREASE OF $0.04/SHARE.  Full Article

West Fraser Timber Co Ltd reports qtrly ‍basic EPS $1.53​
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - West Fraser Timber Co Ltd ::West Fraser announces third quarter results.West Fraser Timber Co Ltd - qtrly ‍basic EPS $1.53​.West Fraser Timber Co Ltd - qtrly ‍sales $1,247 million versus $1,155 million ​.West Fraser Timber Co Ltd - qtrly ‍adjusted basic EPS $1.93​.Q3 earnings per share view C$1.18 -- Thomson Reuters I/B/E/S.  Full Article