Canada's West Fraser Timber Q2 sales rise sequentially, output at Henderson sawmill more than double
WFG•Result drivers
- HENDERSON SAWMILL RAMP-UP - Output at the new Henderson, Texas sawmill more than doubled versus Q1 and is now operating at levels equivalent to the mill it replaced
- CANADIAN LUMBER PRODUCTION - Lumber production in Canada rose 13% as the Blue Ridge facility returned to normal operating rates
- HIGHER INPUT COSTS - Resin and wax costs increased by $13 mln in Q2 versus Q1 due to higher oil prices, with transportation costs also rising, especially in the U.S. South
Quarterly results and operating changes
- Canada wood products maker's Q2 sales rose sequentially
- Adjusted EBITDA turned positive at $59 mln after a loss in Q1
- Company ramped up Henderson, Texas sawmill and wound down High Level, Alberta OSB mill
Key details
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q2 Sales | $1.43 bln | $1.50 bln (2 Analysts) |
| Q2 Adjusted EBITDA | $59 mln |
2026 outlook and shipment targets
- West Fraser reiterates 2026 SPF and SYP lumber shipment targets of 2.4-2.7 bln board feet
