Canadian West Fraser Timber was able to slightly improve its lumber results to Can-$ 81 million in the 2Q 2014 (Q1 Can-$ 79 million) – against falling lumber prices and adverse currency relations to the US-dollar – only by significantly increasing shipments, according to the company’s quarterly report. Overall SPF shipments from Canada went up by almost 60% compared to the previous quarter. EBITDA lumber was practically the same at Can-$ 106 million.
In the second quarter, West Fraser’s panel segment improved results to Can-$ 10 million up from Can-$ 7 million in the prior quarter as plywood prices and shipment volumes increased. Only pulp and paper operations generated lower results compared to the previous quarter: Can-$ 19 million (down from Can-$ 22 million), owed to increased costs of production and transportation.
This year, Abalon stopped production at its sawmills in Heiligenkreuz and Schwalmstadt and supplied customers from pre-produced stocks. With this strategic step to relieve the market, optimize...
Read more ...
In the first three quarters, Italy reduced its imports of softwood lumber and planed timber compared to the same period of 2023. Increases were only recorded by two of the Top 10 supplying countries.
Read more ...
In October, the German sawmill industry saw its sales increase compared to September. Cumulative sales in the first ten months, on the other hand, remained below last year’s level.
Read more ...
From January to September, Austria saw its softwood lumber exports to the US decrease by over a quarter. Exports to the Top 3 foreign markets remain constant, whereas increases were recorded in trade...
Read more ...
Contact us!
We would love to answer your questions
Thank you!
Your inquiry has been sent and we will be contacting you soon.
