VANCOUVER, BC – West Fraser Timber reported Q4 results of 2023. Highlights include: Sales of $1.514 billion and loss of $153 million; Adjusted EBITDA of $97 million; Lumber segment Adjusted EBITDA of $(51) million; North America Engineered Wood Products segment Adjusted EBITDA of $143 million; Pulp & Paper segment Adjusted EBITDA of $2 million; and Europe Engineered Wood Products segment Adjusted EBITDA of $3 million. …CEO Sean McLaren says the fourth quarter saw continued weakness in demand for the company’s North American lumber and European panel products, though demand was resilient for other products. The company previously announced: permanent closure of lumber mill in Maxville, Florida and indefinite curtailment at lumber mill in Huttig, Arkansas; permanent closure of lumber mill in Fraser Lake, B.C.. Full year sales were $6.454 billion, compared to $9.701 billion in 2022. Full year earnings were $(167) million, compared to $1.975 billion in 2022