VANCOUVER, BC — West Fraser Timber reported the second quarter results of 2025. …Second quarter sales were $1.532 billion, compared to $1.459 billion in the first quarter of 2025. Second quarter earnings were $(24) million compared to earnings of $42 million in the first quarter of 2025. Second quarter Adjusted EBITDA was $84 million compared to $195 million in the first quarter of 2025. Highlights include: Lumber segment Adjusted EBITDA¹ of $15 million; North America Engineered Wood Products (“NA EWP”) segment Adjusted EBITDA¹ of $68 million; Pulp & Paper segment Adjusted EBITDA¹ of $(1) million; and Europe Engineered Wood Products (“Europe EWP”) segment Adjusted EBITDA¹ of $2 million. “Demand for many of our wood-based building products slowed in the second quarter as spring building activity fell short of our expectations. This was more acute in our NA EWP segment, which experienced further easing of demand as the quarter progressed, consistent with government data pointing to softer U.S. new home construction,” said CEO Sean McLaren.