tiprankstipranks
Western Forest Prod Reports Q3 Loss, Focuses on Growth
Company Announcements

Western Forest Prod Reports Q3 Loss, Focuses on Growth

Story Highlights

Western Forest Prod (TSE:WEF) has released an update.

Don't Miss our Black Friday Offers:

Western Forest Products reported a net loss of $19.6 million in the third quarter of 2024, with a negative adjusted EBITDA of $10.7 million, reflecting ongoing financial challenges compared to previous periods. The company is focusing on transitioning to higher-value products, aided by the success of its new Saltair continuous kiln, which has significantly improved production performance.

For further insights into TSE:WEF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskWestern Forest Products Cuts Lumber Production Amid Market Woes
TipRanks Canadian Auto-Generated NewsdeskWestern Forest Products Sets Q3 2024 Results Date
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App