Western Forest Products Logged Deeper Losses Amid Market Volatility
August 11, 2025 04:30:50 PM
It must be noted that the company had reported net income of $13.8 million in the first quarter of 2025.
By Paul Ploumis
SEATTLE (Scrap Monster): Western Forest Products Inc. reported results for the second quarter of 2025. The company reported bigger loss during the quarter, amid market volatility, said a news release.
During the quarter, the company produced Adjusted EBITDA of $0.5 million. This is in contrast to the Adjusted EBITDA of $3.5 million in the first quarter of 2025 and $9.4 million in the second quarter of 2024. From $5.7 million in the second quarter of 2024 to $17.4 million in the second quarter of 2025, the net loss increased even further. It should be mentioned that in the first quarter of 2025, the company had a net income of $13.8 million.
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The company produced 144 million board feet of lumber during the quarter, which was less than the 151 million board feet it produced during the same period last year. There was a significant drop in lumber exports from 173 million board feet to 149 million board feet, year over year.
Due mostly to rising software lumber duties, Western Forest Products expects the North American markets to continue to be unstable through the third quarter of 2025. Given that prices for the majority of product categories are predicted to be low, the lumber markets are probably going to continue to face difficulties.
