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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Western Forest Products Inc.    WEF   CA9582112038

WESTERN FOREST PRODUCTS INC.

(WEF)
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Western Forest Products Inc. : Announces Release Date of Second Quarter 2020 Results and Conference Call Details

06/30/2020 | 05:06pm EDT

TSX: WEF

VANCOUVER, BC, June 30, 2020 /CNW/ - Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") second quarter 2020 financial and operating results will be released on Thursday, August 6, 2020.

Analysts, investors and media are invited to participate in Western's second quarter 2020 conference call on Friday, August 7, 2020 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 2020 results followed by a question and answer session.

To join the conference call, dial:
Toll-free from Canada and the US: 1-800-806-5484
From Toronto: 416-406-0743
Passcode: 2271487#

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: 2602812#

The instant replay will be available until September 7, 2020 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.

Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/western-forest-products-inc-announces-release-date-of-second-quarter-2020-results-and-conference-call-details-301086244.html

SOURCE Western Forest Products Inc.

© Canada Newswire, source Canada Newswire English

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Financials
Sales 2021 1 284 M 1 025 M 1 025 M
Net income 2021 84,0 M 67,0 M 67,0 M
Net cash 2021 3,60 M 2,87 M 2,87 M
P/E ratio 2021 7,63x
Yield 2021 1,94%
Capitalization 773 M 617 M 617 M
EV / Sales 2021 0,60x
EV / Sales 2022 0,55x
Nbr of Employees 2 153
Free-Float 99,6%
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Technical analysis trends WESTERN FOREST PRODUCTS INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 2,32 CAD
Last Close Price 2,06 CAD
Spread / Highest target 21,4%
Spread / Average Target 12,6%
Spread / Lowest Target 9,22%
EPS Revisions
Managers and Directors
NameTitle
Donald Eugene Demens President, Chief Executive Officer & Director
Stephen D. A. Williams Chief Financial Officer & Executive VP
Michael T. Waites Independent Chairman
James D. Arthurs Independent Director
Daniel Louis Nocente Lead Independent Director
Sector and Competitors