VANCOUVER, BC — West Fraser Timber reported their fourth quarter results of 2025. Fourth quarter sales were $1.165 billion, compared to $1.307 billion in Q3, 2025. Fourth quarter earnings were $(751) million, compared to earnings of $(204) million in Q3, 2025. Fourth quarter Adjusted EBITDA was $(79) million compared to $(144) million in Q3, 2025. Full year sales were $5.462 billion, compared to $6.174 billion in 2024. Full year earnings were $(937) million, compared to earnings of $(5) million. Full year Adjusted EBITDA was $56 million compared to $673 million in 2024. …”The fourth quarter of 2025 was another challenging period for West Fraser, marked by elevated softwood lumber duties and tariffs, southern yellow pine lumber and OSB oversupply, and tempered demand for many of our wood-based building products, much of which can be attributed to housing affordability constraints that have continued into early 2026. Notwithstanding this environment, we made great advances with some of our major capital investments,” said Sean McLaren, President and CEO.