West Fraser publishes Q3 2026 earnings call transcript
WFG•West Fraser said it will indefinitely curtail its Huguley OSB mill and Leola lumber mill by year-end amid weak demand. Adjusted EBITDA fell to $38 million from $59 million sequentially, while the combined U.S. lumber duty cash deposit rate declined to 20.02% from 26.47%.
1. Mill curtailments
West Fraser will indefinitely curtail its Huguley OSB mill and Leola lumber mill by year-end amid weak demand.
2. Quarterly results
Adjusted EBITDA fell to $38 million from $59 million sequentially, with lower OSB prices weighing on results.
3. Spending and duties
Management expects capital spending to fall significantly in 2027, with no major strategic capital projects nearing execution. The combined U.S. lumber duty cash deposit rate fell to 20.02% from 26.47%, effective October 19, reducing payments on U.S. shipments.
