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West Fraser Timber's share price has fallen 25.1% year to date, resulting in a trailing P/E of 2.98. Building materials have been expensive in the last two years, making trailing P/E not useful for assessing the company.
VANCOUVER, BC , Oct. 7, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss third quarter 2022 financial and operating results on Thursday, October 27, 2022 at 8:30 a.m.
West Fraser has a history of excellent financial performance, growing revenue, profitability, and shareholder value in recent years. The company's capital allocation strategy has allowed it to make value generative acquisitions, while returning shareholder capital at high rates.
West Fraser Timber Co. Ltd. shares jumped 21% in premarket trades after Reuters reported the company received an expression of interest for an acquisition by CVC Capital and Kronospan Ltd.
Private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest to acquire Canadian lumber company West Fraser Timber Co, people familiar with the matter said on Tuesday.
VANCOUVER, BC , July 6, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss second quarter 2022 financial and operating results on Thursday, July 28, 2022 at 8:30 a.m.