West Fraser Timber Co. Ltd. · TSX:WFG
West Fraser Timber — RBC Paper, Packaging & Forest Products Conference 2010
8 slides from West Fraser Timber's conference presentation, Nov 30, 2010
Slide 1: RBC Paper, Packaging & Forest Products Conference
RBC Paper, Packaging & Forest Products Conference November 30, 2010 New York, New York Gerry Miller, Executive Vice-President, Finance and CFO
Slide 2: Forward-Looking Statements and EBITDA
Forward-Looking Statements and EBITDA This presentation and comments associated with it contain forward-looking statements including statements relating to U.S. housing recovery, the potential for constrained lumber supply, pent up U.S. housing demand, projected SPF shipments to China, projected B.C
Slide 3: West Fraser Geographic Diversification
West Fraser Geographic Diversification 3 3
Slide 4: Canadian Integration – Product Diversification
West Fraser Canadian . Integration – Product Diversification Lumber Panels Pulp & Paper 28 Mills 6 Mills 5 Mills SPF 3.5 billion feet Plywood: 830 million square feet (3/8”) SYP 2.0 billion feet MDF: 300 million square feet (3/4”) 1.2 million tonnes Total 5.5 billion feet LVL: 3.2 million cubi
Slide 5: Total Shareholder Return (US$)
West Fraser - Financial Total Shareholder Return (US$) (June 2006 – November 23, 2010) 50% 43% 40% 30% 20% 16% 17% 10% 0% -10% -2% -20% -30% -30% -30% -40% West Fraser S&P/TSX Dow Competitor A Competitor B Competitor C 5 Source TD Bank 5
Slide 6: Financial Performance - $ million
West Fraser - Financial Financial Performance - $ million Ytd Q3 2010 2009 2008 Total EBITDA 363 30 128 521 Net Earnings 128 (341) * (137) (350) Cash from Operations 410 106 179 695 Capital Expenditures 44 19 47 110 Dividends 5 10 24 39 Debt reduction 585 * Includes $260 million of asset impairment,
Slide 7: West Fraser
West Fraser Lumber Inevitable U.S. housing recovery Potential for longer-term constrained supply West Fraser geographic diversification and low-cost, highly- efficient operations Pulp & Paper Significant operational improvements Green transformation credits Highly competitive Panels Consistent contr
Slide 8: These materials have been prepared by Management of the Company. No regulatory authority has
These materials have been prepared by Management of the Company. No regulatory authority has approved or disapproved of the contents of these materials. These materials do not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, and shall not constitute a
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