West Fraser Timber expects total lumber shipments in 2024 similar to 2023 levels

West Fraser Timber's Q1 2024 sales were $1.627 billion, compared to $1.514 billion in the Q4 2023. Q1 2024 earnings were $35 million, or $0.42 per diluted share, compared to $(153) million, or $(1.87) per diluted share in the Q4 2023. Q1 2024 Adjusted EBITDA was $200 million compared to $97 million in the Q4 2023. “Our North American OSB, plywood and other engineered products had another strong quarter in Q1 2024, with robust demand driven by strength in new home construction, which carried over from the Q4. This was in contrast to ongoing ...

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