Wood Business

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West Fraser second quarter results

July 17, 2013, Vancouver – West Fraser Timber reported earnings of $109 million ($2.54 per share on sales of $900 million) in its second quarter of 2013.

The company’s lumber operations generated operating earnings of $103 million (Q1 - $122 million) and EBITDA of $125 million (Q1- $146 million). The weaker results compared to the previous quarter reflect sharply reduced prices for SPF and SYP lumber during the current quarter.

For the full release visit, westfraser.com.