West Fraser Timber Co. Ltd. (WFG) Q1 2023 Earnings Name Transcript

West Fraser Timber Co. Ltd. (NYSE:WFG) Q1 2023 Outcomes Convention Name April 26, 2023 11:30 AM ET

Firm Contributors

Ray Ferris – President and Chief Govt Officer

Chris Virostek – Chief Monetary Officer

Matt Tobin – Vice President of Gross sales and Advertising

Convention Name Contributors

Ketan Mamtora – BMO

Hamir Patel – CIBC Capital Markets

Sean Steuart – TD Securities

Andrew Kuske – Credit score Suisse

Paul Quinn – RBC Capital Markets


Good morning, girls and gents. Welcome to West Fraser Q1 2023 Outcomes Convention Name. Please notice that each one strains have been positioned on mute to forestall any background noise. After the audio system’ remarks, there shall be a question-and-answer session. [Operator Instructions]

Throughout this convention name, West Fraser’s representatives shall be ensuring statements about West Fraser’s future monetary and operational efficiency, enterprise outlook and capital plans. These statements could represent forward-looking info or forward-looking statements throughout the which means of Canadian and United States securities legal guidelines.

Such statements contain sure dangers, uncertainties and assumptions as a result of Fraser’s precise future outcomes and efficiency to be materially totally different from these expressed or implied in these statements.

Extra details about these threat elements and assumptions is included each within the accompanying webcast presentation in our 2022 annual MD&A and annual info type, which will be accessed on West Fraser’s web site or by way of SEDAR for Canadian traders and EDGAR for United States traders.

Thanks. Mr. Chris Virostek chances are you’ll start your convention.

Chris Virostek

Thanks, Julie. Good morning, everybody, and thanks for becoming a member of our first quarter 2023 earnings name. I am Chris Virostek, Chief Monetary Officer of West Fraser. And becoming a member of me as we speak are Ray Ferris, our President and CEO; and Matt Tobin, our Vice President of Gross sales and Advertising; and different members of the chief crew.

I am going to start with a short