West Fraser nets $45M in Q3

VANCOUVER, BC  -- West Fraser Timber Co. Ltd. reported earnings after discontinued operations of $45 million on sales of $707 million in the third quarter of 2010 and earnings after discontinued operations of $128 million on sales of $2.2 billion for the first nine months of 2010.

“Although we are experiencing a slow recovery in some of our key markets, we are generally very pleased with our results," said Hank Ketcham, West Fraser's chairman, president and CEO. "Our improved cash flows allow us the opportunity to reinvest in our operations which will better position us to take advantage of the eventual economic recovery.”

Read West Fraser's press release.

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