VANCOUVER, BC — West Fraser Timber reported its second quarter results of 2024. Q2 sales were $1.705 billion, compared to $1.627 billion in the first quarter of 2024, and Q2 earnings were $105 million compared to $35 million in Q1, 2024. Q2 Adjusted EBITDA was $272 million compared to $200 million in the Q1, 2024. Other highlights include: Lumber segment Adjusted EBITDA of $(51) million, North America Engineered Wood Products segment Adjusted EBITDA of $308 million, and Pulp & Paper segment Adjusted EBITDA of $9 million. …”We continued to experience demand softness in our North American lumber business, particularly for SYP lumber with its greater relative exposure to repair and remodelling applications,” said Sean McLaren, West Fraser’s President and CEO. …”We continue to realize the financial benefits from the recent closures of some of our higher-cost lumber mills and will continue to focus on optimizing our portfolio of assets to lower costs and create a more resilient organization.”