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Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a... see more

TSX:WEF - Post Discussion

View:
Post by windywolf on Jul 31, 2024 6:38pm

RE:RE:Debt?

Ebita and revenue have improved but still lots of debt and loses.

See what the markets thinks in the morning.



GL.
Comment by Stonksonlyup90 on Jul 31, 2024 7:35pm
Adjusted Ebitda came in at $9.4M, against consensus forecasts of $2.3M. Certainly oversold and should have a strong move to the upside. This time a year ago shares were trading at $1.03/share and EBITDA came in at negative $(12m). Keep in mind $23m of income taxes receivable was received after the Q. Plenty of liquidity!
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