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Western Forest Prod (DE:NWF)
:NWF
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 3.31%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant improvements in financial performance and strategic achievements, such as debt reduction and operational efficiency gains. However, challenges remain with softwood lumber duties, harvest permitting delays, and potential US tariffs. Despite these challenges, the company's strong balance sheet and strategic plans position it well for future growth.Company Guidance
During Western Forest Products' Q1 2025 results call, the company provided guidance on various financial and operational metrics. The first quarter saw significant improvements, with adjusted EBITDA reaching $3.5 million compared to a negative $4.2 million in the same period last year. The company successfully reduced its net debt-to-cap ratio to 4% and extended its $250 million credit facility to 2028. Western reported the sale of non-core assets for $76.5 million and secured a $7.5 million reimbursement agreement with the BC government for kiln investments. Despite mechanical downtime at the Duke Point sawmill, operational uptime improved to 90%, and the Saltair Sawmill achieved a 99% uptime. Lumber inventory stood at approximately 66 million board feet, with log inventory at 753,000 cubic meters. The company forecasts 2025 CapEx spending between $60 million to $65 million, including $30 million for continuous kilns, and anticipates lumber shipment growth of 28% year-over-year. Looking forward, Western expects North American markets to remain volatile due to potential tariffs, while anticipating increased demand in Japan and North America, with a Q2 order file of approximately 116 million board feet.Significantly Improved Q1 2025 Results
Western Forest Products reported a significant improvement in Q1 2025 compared to the same period last year, including a reduction in debt and positioning for future growth.
Strategic Achievements
Ratified a new six-year collective agreement with the USW, completed non-core asset sales for $76.5 million, and extended a $250 million credit facility to 2028.
Operational Efficiency Improvements
Achieved 90% operational uptime with improved lumber and grade recovery at the Duke Point sawmill and continuous kiln at Saltair Sawmill achieved 99% uptime.
Improved Financial Metrics
First quarter adjusted EBITDA was $3.5 million, compared to negative $4.2 million last year. Improved inventory turnover ratios: log turnover improved by 6% and lumber turnover by 12%.
Successful Strategic CapEx Plans
Advanced site preparation for two continuous dry kilns with an agreement for $7.5 million reimbursement from the BC Manufacturing Jobs Fund.
DE:NWF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:NWF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | €0.24 | €0.26 | +7.44% |
Feb 13, 2025 | €0.28 | €0.28 | -0.71% |
Nov 06, 2024 | €0.32 | €0.31 | -4.94% |
Jul 31, 2024 | €0.25 | €0.25 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Western Forest Prod (DE:NWF) report earnings?
Western Forest Prod (DE:NWF) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Western Forest Prod (DE:NWF) earnings time?
Western Forest Prod (DE:NWF) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Western Forest Prod stock?
The P/E ratio of Western Forest Prod is N/A.
What is DE:NWF EPS forecast?
DE:NWF EPS forecast for the fiscal quarter 2025 (Q2) is >-0.01.