Canada's West Fraser misses Q4 revenue expectations
Overview
Canadaian wood products firm's Q4 revenue missed analyst expectations
Company recorded $712 mln in restructuring and impairment charges in Q4
Company repurchased 108,079 shares for $7 mln in Q4
Outlook
West Fraser expects 2026 Lumber demand to be modest due to tariffs and affordability issues
Company reiterates 2026 North American OSB shipment targets of 5.9 to 6.3 bln sq ft
West Fraser projects 2026 capital expenditures of $300 mln to $350 mln
Result Drivers
RESTRUCTURING CHARGES - Co incurred $712 mln in restructuring and impairment charges, impacting Q4 results
MARKET CHALLENGES - Elevated softwood lumber duties and oversupply affected demand, per CEO Sean McLaren
CAPITAL INVESTMENTS - Co completed modernization of Henderson mill and ramp-up of Allendale OSB mill
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Miss | $1.17 bln | $1.27 bln (3 Analysts) |
Q4 Adjusted EBITDA |
| -$79 mln |
|
Press Release: ID:nPn4YntQMa
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