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    WEF   CA9582112038

WESTERN FOREST PRODUCTS INC.

(WEF)
  Report
Delayed Toronto Stock Exchange  -  05/27 04:00:00 pm EDT
1.880 CAD   +0.53%
05/26WESTERN FOREST PRODUCTS INC. : Ex-dividend day for
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Western Forest Products Inc. Announces Release Date of Fourth Quarter and Fiscal 2021 Results and Conference Call Details

12/31/2021 | 04:30pm EDT

TSX: WEF

VANCOUVER, BC, Dec. 31, 2021 /CNW/ - Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") fourth quarter and fiscal 2021 financial and operating results will be released on Wednesday, February 16, 2022.

Western will host its fourth quarter and fiscal 2021 analyst conference call on Thursday, February 17, 2022 at 9:00 a.m. PST (12:00 p.m. EST).

Don Demens, President and Chief Executive Officer, and Stephen Williams, Executive Vice President and Chief Financial Officer, will discuss the Company's fourth quarter and fiscal 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: 3462048#

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: 1943458#

The instant replay will be available until March 20, 2022 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 1.0 billion board feet from seven 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.

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SOURCE Western Forest Products Inc.

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Analyst Recommendations on WESTERN FOREST PRODUCTS INC.
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Financials
Sales 2022 1 400 M 1 099 M 1 099 M
Net income 2022 139 M 109 M 109 M
Net cash 2022 209 M 164 M 164 M
P/E ratio 2022 4,53x
Yield 2022 2,66%
Capitalization 612 M 480 M 480 M
EV / Sales 2022 0,29x
EV / Sales 2023 0,23x
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
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 1,88 CAD
Average target price 2,70 CAD
Spread / Average Target 43,6%
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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