West Fraser Timber Co Ltd 2008 AR2
The report details West Fraser's financial and operational performance for the fiscal year 2008, which was marked by the most challenging economic environment in the company's history due to the North American housing market collapse and global recession. Despite recording negative earnings, the company maintained positive EBITDA and free cash flow, supported by its pulp and paper business. To address the market downturn, West Fraser implemented significant production curtailments across its Canadian and U.S. operations. On the environmental front, the company planted over 55 million trees, maintained third-party sustainable forestry certifications for all Canadian timber tenures, and continued to expand green energy production through biomass.
Company: West Fraser Timber Co Ltd
Sector: Materials
Country: Canada
Year: 2008
Type: AR2
Pages: 84
West Fraser Timber Co Ltd
Annual Report
The report details West Fraser's financial and operational performance for the fiscal year 2008, which was marked by the most challenging economic environment in the company's history due to the North American housing market collapse and global recession. Despite recording negative earnings, the company maintained positive EBITDA and free cash flow, supported by its pulp and paper business. To address the market downturn, West Fraser implemented significant production curtailments across its Canadian and U.S. operations. On the environmental front, the company planted over 55 million trees, maintained third-party sustainable forestry certifications for all Canadian timber tenures, and continued to expand green energy production through biomass.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Published
Mar 27, 2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees