West Fraser’s sales and earnings skyrocket in Q2

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. 

In addition, West Fraser’s EBITDA more than doubled in Q2 to $2.160 billion compared to the prior quarter.

The company’s lumber segment, which includes operations from its acquisition of Norbord, accounted for $955 million of its Q2 lumber earnings driven by a combination of high lumber prices and higher shipment volumes. 

The company added adjusted EBITDA was negatively affected by higher manufacturing costs due in part to increased SPF log costs, and to a lesser degree, increased SYP log costs, higher expenditures related to increased employee costs in the U.S. South associated with managing through COVID-19 impacts, and other input cost inflation.


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Rich Christianson | President/Owner/C-Level

Rich Christianson is the owner of Richson Media LLC, a Chicago-based communications firm focused on the industrial woodworking sector. Rich is the former long-time editorial director and associate publisher of Woodworking Network. During his nearly 35-year career, Rich has toured more than 250 woodworking operations throughout North America, Europe and Asia and has written extensively on woodworking technology, design and supply trends. He has also directed and promoted dozens of woodworking trade shows, conferences and seminars including the Cabinets & Closets Conference & Expo and the Woodworking Machinery & Supply Conference & Expo, Canada’s largest woodworking show.