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    WEF   CA9582112038

WESTERN FOREST PRODUCTS INC.

(WEF)
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Delayed Toronto Stock Exchange  -  05/24 03:11:53 pm EDT
1.800 CAD   -2.17%
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Western Forest Products : 2021 Q2 Results Release Date and Conference Call Details

07/01/2021 | 01:50am EDT

FOR IMMEDIATE RELEASE

TSX: WEF

Western Forest Products Inc. Announces Release Date of Second Quarter 2021 Results and Conference Call Details

June 30, 2021 - Vancouver, British Columbia. Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") second quarter 2021 financial and operating results will be released on Thursday, August 5, 2021.

Western will host its second quarter 2021 analyst conference call on Friday, August 6, 2021 at 9:00 a.m. PDT (12:00 p.m. EDT).

Don Demens, President and Chief Executive Officer, and Stephen Williams, Executive Vice President and Chief Financial Officer, will discuss the Company's second quarter 2021 results followed by a question and answer session with the analyst community.

To join the conference call, dial:

Toll-free from Canada and the US: 1-800-952-5114

From Toronto: 416-340-2217

Passcode: 3014410#

To access the instant replay of the call, dial:

Toll-free from Canada and the US: 1-800-408-3053

From Toronto: 905-694-9451

Passcode: 9352044#

The instant replay will be available until September 6, 2021 at 8:59 p.m. PDT (11:59 p.m. EDT).

About Western Forest Products Inc.

Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity in excess of 1.1 billion board feet from eight sawmills and four remanufacturing facilities. The Company sources timber from its private lands, long-term licenses, First Nations arrangements, and market purchases. Western supplements its production through a wholesale program providing customers with a comprehensive range of specialty products.

For further information, please contact:

Stephen Williams

Executive Vice President & Chief Financial Officer

(604) 648-4500

Disclaimer

Western Forest Products Inc. published this content on 30 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 05:49:29 UTC.


© Publicnow 2021
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Financials
Sales 2022 1 400 M 1 096 M 1 096 M
Net income 2022 139 M 109 M 109 M
Net cash 2022 209 M 164 M 164 M
P/E ratio 2022 4,43x
Yield 2022 2,72%
Capitalization 599 M 465 M 469 M
EV / Sales 2022 0,28x
EV / Sales 2023 0,22x
Nbr of Employees 2 051
Free-Float 99,7%
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Technical analysis trends WESTERN FOREST PRODUCTS INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 1,84 CAD
Average target price 2,70 CAD
Spread / Average Target 46,7%
EPS Revisions
Managers and Directors
Donald Eugene Demens President & Chief Executive Officer
Stephen D. A. Williams Chief Financial Officer & Executive VP
Michael T. Waites Independent Chairman
Daniel Louis Nocente Lead Independent Director
Laura A. Cillis Independent Director
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