West Fraser Timber

West Fraser announced a quarterly dividend of US$0.32 per common and Class B share, payable on July 13, 2026 to shareholders of record on June 25, 2026. The company has raised the dividend for five consecutive years and has paid dividends for 41 consecutive years. The distribution is declared in US dollars but can be paid in Canadian dollars on request and qualifies as an eligible dividend under Canadian tax law. » Mere på de.investing.com

West Fraser has engaged Kodiak AI for an autonomous logging pilot to test self-driving trucks transporting timber from forest sites to a processing facility in Alberta. The trial, starting later this year, aims to address driver shortages, improve safety and stabilize log supply to mills. West Fraser projects capital expenditures of $300–350 million for 2026. » Mere på finance.yahoo.com

West Fraser reported a sequential operational improvement in the first quarter of 2026, with adjusted EBITDA excluding a non‑cash tariff adjustment of $114m coming in at $48m. The company reiterated its full‑year guidance for shipment volumes and capex of $300–350m, but continues to face tariff-related pressures and subdued construction activity in North America. Liquidity remains strong at around $900m, net debt rose seasonally to $457m, and West Fraser paid a quarterly dividend of $0.32 per share. The strategy focuses on cost optimization, shifting capacity to lower‑cost regions and capitalizing on supply tightness when demand recovers. » Mere på de.investing.com

West Fraser Timber reports adjusted EBITDA of $48m in Q1 2026 (excluding tariff-related adjustments), after a loss in the prior quarter and an improvement of more than $120m versus Q4 2025. Liquidity stands at about $900m, net debt at $457m, while operating cash flow remained seasonally negative at -$170m. The lumber segment contributed significantly to the recovery, with adjusted EBITDA improving by $87m. Management reiterates its focus on cost management and portfolio optimization and expects working-capital positions to normalize in the coming quarters. » Mere på de.investing.com

West Fraser reports a $73m non-cash charge for Q1 due to higher preliminary export duty rates on softwood (provisional 15.93%). The new rates lower the company’s combined cash deposit rate from 26.47% to 20.70%. In addition, West Fraser anticipates a further non-cash charge of $41m from updated liquidation estimates but expects a $15m refund in 2026 from the liquidation of antidumping duties on exports between August and December 2017. Operationally, the Blue Ridge sawmill has been fully restarted after a fire, the new sawmill in Henderson, Texas, is ramped up, and the OSB mill in High Level will be idled until the end of April; lumber prices rose in Q1 versus Q4 2025. » Mere på de.investing.com