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West Fraser Timber Co Ltd (WFT.TO)

WFT.TO on Toronto Stock Exchange

66.99CAD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

West Fraser Announces Temporary Production Curtailments In British Columbia
Monday, 14 Jan 2019 

Jan 14 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES TEMPORARY PRODUCTION CURTAILMENTS IN BRITISH COLUMBIA.WEST FRASER - TEMPORARY CURTAILMENTS OF APPROXIMATELY THREE WEEKS OF PRODUCTION THROUGHOUT Q1 OF 2019 AT EACH OF THREE BRITISH COLUMBIA SAWMILLS.WEST FRASER TIMBER CO LTD - TOTAL PRODUCTION CURTAILED IN Q1 OF YEAR IS EXPECTED TO REDUCE SPF LUMBER PRODUCTION BY APPROXIMATELY 50 MILLION BOARD FEET.WEST FRASER TIMBER CO LTD - WILLIAMS LAKE SAWMILL WILL BE SHUT DOWN FOR APPROXIMATELY A WEEK TO COMPLETE CERTAIN CAPITAL UPGRADES.WEST FRASER-TEMPORARILY REDUCING PRODUCTION AT BRITISH COLUMBIA AS RESULT OF PRICE DECLINES IN LUMBER MARKETS, HIGH LOG COSTS, LOG SUPPLY CONSTRAINTS.  Full Article

West Fraser Timber Co Ltd Qtrly Adjusted Basic EPS $3.76
Monday, 22 Oct 2018 

Oct 22 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES THIRD QUARTER RESULTS.WEST FRASER TIMBER CO LTD QTRLY ADJUSTED BASIC EPS $3.76 .WEST FRASER TIMBER CO LTD QTRLY BASIC EPS $3.25.WEST FRASER TIMBER CO LTD QTRLY SALES $1,646 MILLION VERSUS $1,247 MILLION.WEST FRASER TIMBER CO LTD - SHIPPED 107 MILLION BOARD FEET OF LUMBER IN EXCESS OF PRODUCTION DURING QUARTER.WEST FRASER TIMBER CO LTD - FULL OPERATIONAL RUN RATES AT OPELIKA SAWMILL EXPECTED TO BE REALIZED BY Q3 2019.WEST FRASER TIMBER CO - LOG, CONTRACTOR AVAILABILITY EXPECTED TO REMAIN CONSTRAINED WHICH WE EXPECT TO INFLUENCE TREND OF LOG PRICE ESCALATION IN B.C.WEST FRASER TIMBER CO - RETREAT FROM Q2'S PRICING, SLIGHTLY LOWER SHIPMENT VOLUMES IN QUARTER LARGELY RESPONSIBLE FOR REDUCTION IN EARNINGS.  Full Article

West Fraser Reports Qtrly Adjusted Basic EPS $13.76
Monday, 22 Oct 2018 

Oct 22 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES THIRD QUARTER RESULTS.WEST FRASER TIMBER CO LTD QTRLY ADJUSTED BASIC EPS $13.76.WEST FRASER TIMBER CO LTD QTRLY BASIC EPS $3.25.WEST FRASER TIMBER CO LTD QTRLY SALES $1,646 MILLION VERSUS $1,247 MILLION.WEST FRASER TIMBER CO LTD - SHIPPED 107 MILLION BOARD FEET OF LUMBER IN EXCESS OF PRODUCTION DURING QUARTER.WEST FRASER TIMBER CO LTD - FULL OPERATIONAL RUN RATES AT OPELIKA SAWMILL EXPECTED TO BE REALIZED BY Q3 2019.WEST FRASER TIMBER CO - LOG, CONTRACTOR AVAILABILITY EXPECTED TO REMAIN CONSTRAINED WHICH WE EXPECT TO INFLUENCE TREND OF LOG PRICE ESCALATION IN B.C.WEST FRASER TIMBER CO - RETREAT FROM Q2'S PRICING, SLIGHTLY LOWER SHIPMENT VOLUMES IN QUARTER LARGELY RESPONSIBLE FOR REDUCTION IN EARNINGS.  Full Article

West Fraser Reports Qtrly Basic EPS $4.52
Thursday, 19 Jul 2018 

July 19 (Reuters) - West Fraser Timber Co Ltd ::WEST FRASER ANNOUNCES SECOND QUARTER RESULTS.WEST FRASER TIMBER CO LTD - QTRLY BASIC EPS $4.52.WEST FRASER TIMBER CO LTD - QTRLY ADJUSTED BASIC EPS $5.19.WEST FRASER TIMBER CO LTD - QTRLY SALES $1,834 MILLION VERSUS $1,322 MILLION.  Full Article

West Fraser Timber Says Ted Seraphim To Retire As CEO At End Of Q2 2019
Thursday, 19 Apr 2018 

April 19 (Reuters) - West Fraser Timber Co Ltd WFT.TO::WEST FRASER TIMBER CO LTD - TED SERAPHIM'S PLAN TO RETIRE AS CHIEF EXECUTIVE OFFICER AT END OF Q2 OF 2019.WEST FRASER TIMBER CO LTD - RAY FERRIS WILL BE APPOINTED CHIEF EXECUTIVE OFFICER UPON SERAPHIM'S RETIREMENT NEXT YEAR.  Full Article

West Fraser Timber Co Ltd reports qtrly ‍basic EPS $1.53​
Monday, 23 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

West Fraser Timber says operations temporarily suspended in 100 Mile House, Williams Lake and Chasm due to wildfire activity
Tuesday, 11 Jul 2017 

July 10 (Reuters) - West Fraser Timber Co Ltd :West Fraser Timber Co - province of british columbia has declared a provincial state of emergency due to wildfire activity in interior region..West Fraser Timber Co Ltd - has temporarily suspended operations in 100 mile house, williams lake and chasm.Says fire situation in interior of british columbia is volatile and situation is evolving.West Fraser Timber - in case of our100 mile house mill, staff and community have been evacuated to comply with evacuation orders in surrounding areas.West Fraser Timber - west fraser is uncertain how long our 100 mile house, williams lake and chasm operations will be suspended.West Fraser Timber - unable to assess the impact on lumber and plywood production.  Full Article

UPDATE 1-Long-outlawed US trade policy wins WTO approval in Canada lumber dispute

GENEVA, April 9 A World Trade Organization ruling approved a long-outlawed U.S. trade policy on Tuesday, when a panel of adjudicators said Washington's use of "zeroing" to calculate anti-dumping tariffs was permissible in the case of Canadian softwood lumber.