VANCOUVER, BC – West Fraser Timber reported first quarter results of 2025. …First quarter sales were $1.459 billion, compared to $1.405 billion in the fourth quarter of 2024. First quarter earnings were $42 million, compared to a loss of $62 million in the fourth quarter of 2024. The fourth quarter included a non-cash impairment loss of $70 million. …First quarter Adjusted EBITDA was $195 million compared to $140 million in the fourth quarter of 2024. ..The Lumber segment has experienced a slower than expected start to the year, owing to transportation and weather challenges that have influenced shipments as well as uncertainty related to demand impacts from the U.S. administration’s shifting tariff policies. …The global pulp market has begun to experience disruption with the economic impact of US tariffs creating considerable demand uncertainty in Chinese markets. As such, we anticipate NBSK pricing weakness over the near- to medium-term and a potentially significant adverse financial impact on our Pulp & Paper segment.

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