VANCOUVER, BC — Western Forest Products announced improved fourth quarter and fiscal 2024 results compared to the same period last year. Adjusted EBITDA was $14.4 million in the fourth quarter of 2024, as compared to negative $1.2 million in the fourth quarter of 2023, and negative EBITDA of $10.7 million in the third quarter of 2024. Adjusted EBITDA was $8.9 million for fiscal 2024, as compared to negative $29.9 million in fiscal 2023. Net loss was $1.2 million in the fourth quarter of 2024, as compared to a net loss of $14.3 million in the fourth quarter of 2023, and a net loss of $19.6 million in the third quarter of 2024. …“Despite challenging markets, we were successful in returning our business to positive EBITDA in 2024,” said Steven Hofer,  CEO. …“The planned incremental US tariff will unfairly target and harm Canadian exporters like us, [and] will also hurt American consumers through higher lumber prices.” …We have informed customers of our intention to pass on the incremental US tariff.