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    WEF   CA9582112038

WESTERN FOREST PRODUCTS INC.

(WEF)
  Report
Delayed Quote. Delayed Toronto Stock Exchange - 12/03 05:00:00 pm
1.88 CAD   --.--%
11/30RBC Capital Previews Forest Products Conf -- "Framing The 2022 Outlook"
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11/25WESTERN FOREST PRODUCTS INC. : Ex-dividend day for
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Western Forest Products Inc. : Announces Release Date of Third Quarter 2021 Results and Conference Call Details

09/30/2021 | 06:05pm EST

TSX: WEF

VANCOUVER, BC, Sept. 30, 2021 /CNW/ - Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") third quarter 2021 financial and operating results will be released on Wednesday, November 3, 2021.

Western will host its third quarter 2021 analyst conference call on Thursday, November 4, 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 third 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: 6909729#

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: 3067757#

The instant replay will be available until December 5, 2021 at 8:59 p.m. PST (11:59 p.m. EST).

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.

Cision
View original content to download multimedia:https://www.prnewswire.com/news-releases/western-forest-products-inc-announces-release-date-of-third-quarter-2021-results-and-conference-call-details-301389392.html

SOURCE Western Forest Products Inc.

© Canada Newswire, source Canada Newswire English

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Analyst Recommendations on WESTERN FOREST PRODUCTS INC.
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Financials
Sales 2021 1 413 M 1 105 M 1 105 M
Net income 2021 194 M 152 M 152 M
Net cash 2021 120 M 94,1 M 94,1 M
P/E ratio 2021 3,51x
Yield 2021 2,13%
Capitalization 642 M 501 M 502 M
EV / Sales 2021 0,37x
EV / Sales 2022 0,34x
Nbr of Employees 2 153
Free-Float 99,3%
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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 2,53 CAD
Spread / Average Target 34,6%
EPS Revisions
Managers and Directors
Donald Eugene Demens President, Chief Executive Officer & Director
Stephen D. A. Williams Chief Financial Officer & Executive VP
Michael T. Waites Independent Chairman
Daniel Louis Nocente Lead Independent Director
Jane M. Bird Independent Director