Western Announces First Quarter 2025 Results

VANCOUVER, British Columbia, May 06, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported improved financial results in the first quarter of 2025, as compared to the same period last year. Net income was $13.8 million in the first quarter of 2025, as compared to a net loss of $8.0 million in the first quarter of 2024, and a net loss of $1.2 million in the fourth quarter of 2024. Adjusted EBITDA was $3.5 million in the first quarter of 2025, as compared to negative $4.2 million in the first quarter of 2024, and Adjusted EBITDA of $14.4 million in the fourth quarter of 2024.