West Fraser Timber Co Ltd 2009 AR2
The report outlines West Fraser Timber Co. Ltd.'s financial and operational performance for the fiscal year 2009, highlighting it as one of the most challenging years in the company's history due to the U.S. housing market collapse. Despite recording a net loss of $341 million, the company achieved positive cash flow from operating activities of $106 million and reduced its total debt. The report details the permanent closure of the Eurocan linerboard and kraft paper mill in Kitimat, B.C., and discusses the ongoing impact of the Mountain Pine Beetle epidemic. Additionally, it highlights the company's commitment to safety, sustainable forestry certifications, and efforts to reduce its carbon footprint.
Company: West Fraser Timber Co Ltd
Sector: Materials
Country: Canada
Year: 2009
Type: AR2
Pages: 76
West Fraser Timber Co Ltd
Annual Report
The report outlines West Fraser Timber Co. Ltd.'s financial and operational performance for the fiscal year 2009, highlighting it as one of the most challenging years in the company's history due to the U.S. housing market collapse. Despite recording a net loss of $341 million, the company achieved positive cash flow from operating activities of $106 million and reduced its total debt. The report details the permanent closure of the Eurocan linerboard and kraft paper mill in Kitimat, B.C., and discusses the ongoing impact of the Mountain Pine Beetle epidemic. Additionally, it highlights the company's commitment to safety, sustainable forestry certifications, and efforts to reduce its carbon footprint.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Published
Mar 26, 2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees