West Fraser Timber Co Ltd（WFG）のニュースとイベントWFGWest Fraser Timber Co Ltd

West Fraser Q2 Revenue at $1.43B, Below Consensus

Reports Q2 revenue $1.43B, consensus $1.45B. "West Fraser's second quarter results delivered continued progress against our business priorities supported by improved market conditions across most of our segments," said Sean McLaren, West Fraser's President and CEO. "Our new Henderson mill continues to ramp-up, with the mill more than doubling its output in the quarter and now operating at levels equivalent to the mill it replaced. We continue to make productivity and reliability gains in our U.S. Lumber operations. SYP Lumber production year to date in 2026 was similar to 2025, despite closing the Augusta sawmill in Q4-25. In Canada, lumber production in the quarter rose 13% as our Blue Ridge facility returned to normal operating rates. We also completed the wind-down of our High Level, Alberta OSB mill, a strategic decision that focuses our production in our most modern and efficient facilities, while Europe remained a bright spot as market conditions improved relative to last year. We were pleased to see all of our core segments - lumber, NA EWP, and Europe EWP - report positive Adjusted EBITDA. We continue to focus on maintaining a strong balance sheet and being disciplined in controlling costs. This will position us to navigate the current environment and capitalize on an eventual recovery in demand. We remain constructive on the long-term outlook for residential construction, supported by an ongoing housing supply deficit in the U.S."

West Fraser Reports Q1 Adjusted EBITDA Loss of $66M

Reports Q1 adjusted EBITDA loss $66M. "In the first quarter of 2026 we benefited from improved commodity pricing and continue to demonstrate the resilience of West Fraser's diversified portfolio. Although net income was impacted by significant non-cash duty adjustments, these relate to prior year shipments. Operationally, our Blue Ridge lumber team did a remarkable job in quickly and effectively restoring operations following the January fire, with no recordable injuries, and the mill is now back to normal operating rates. The wind-down of our High Level, Alberta OSB mill is now complete and reflects our commitment to proactively aligning our supply with customer demand," said Sean McLaren, West Fraser's President and CEO. "Excluding the impact of prior year duty adjustments, we were pleased to see all of our core segments - lumber, NA EWP, and Europe EWP - report positive Adjusted EBITDA."

Company Expects Capital Expenditures Between $300 Million and $350 Million in 2026

The company said, "Global events during the first quarter of 2026 are expected to increase oil-based input costs, including fuels, chemicals and waxes. While no material impacts on contract labour availability or capital equipment lead times are currently anticipated, ongoing geopolitical uncertainty in the Middle East and broader macroeconomic conditions create uncertainty regarding the duration and magnitude of these impacts. Based on our current outlook, assuming no deterioration from current market demand conditions and no additional lengthening of lead times for projects underway or planned, expected capital expenditures remain in the range of $300 million to $350 million in 2026."