Weyerhaeuser Company · NYSE:WY

Weyerhaeuser — Q2 2005 Earnings Presentation

7 slides from Weyerhaeuser's earnings presentation, Jul 21, 2005

  1. Slide 1: Earnings Release 2nd Quarter 2005

    Earnings Release 2nd Quarter — 2005 Weyerhaeuser Company July 21, 2005 DTP/3065 2005 Q2.ppt • 7/21/05 • 1

  2. Slide 2: Forward-looking Statement

    Forward-looking Statement z This presentation contains statements concerning the company’s future results and performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some of these forward-looking statements can be identified by the

  3. Slide 3: Statements Relating to Non-GAAP Financial Measures

    Statements Relating to Non-GAAP Financial Measures z During the course of this presentation, certain non-U.S. GAAP financial information will be presented. A reconciliation of those numbers to U.S. GAAP financial measures is included in this presentation which is available on the company’s website a

  4. Slide 4: 2005 Q2 Earnings Summary

    2005 Q2 Earnings Summary $ in Millions except EPS 2004 2005 Q1 Q2 Q3 Q4 Q1 Q2 Operating Earnings before Special Items Timberlands $ 159 $ 201 $ 174 $ 217 $ 203 $ 210 Wood Products 185 464 320 36 132 222 Cellulose Fiber and White Papers (22) 14 80 35 19 16 Containerboard, Packaging & Recycling 28 62

  5. Slide 5: Diluted EPS Before Special Items

    Diluted EPS Before Special Items A reconciliation to GAAP EPS is available at www.weyerhaeuser.com $2.00 $1.75 $1.67 $1.62 $1.50 $1.34 $1.25 $1.07 $1.03 $1.00 $0.75 $0.62 $0.50 $0.25 $0.00 Q1 Q2 Q3 Q4 Q1 Q2 2004 2005 DTP/3065 2005 Q2.ppt • 7/21/05 • 5

  6. Slide 6: Earnings per Share Reconciliation

    Earnings per Share Reconciliation 2004 2005 Q1 Q2 Q3 Q4 Q1 Q2 Diluted EPS before Special Items $ 0.62 $ 1.67 $ 1.62 $ 1.07 $ 1.03 $ 1.34 Integration and Restructuring (0.04) Charges for Closure of Facilities (0.03) (0.02) Gain (Loss) on Sale of Assets 0.10 0.74 0.10 0.45 Deferred Gains from Previous

  7. Slide 7: Earnings per Share Comparison 2005 Q1 vs. 2005 Q2

    Earnings per Share Comparison 2005 Q1 vs. 2005 Q2 $ per Share Before Special Items* $1.50 0.12 1.34 $1.25 0.22 0.01 (0.02) 1.03 $1.00 (0.02) $0.75 $0.50 $0.25 $0.00 2005 Q1 Price Volume Raw Material Mfg. Other 2005 Q2 Before Special Before Special Items Items *A reconciliation before Special Items t

Weyerhaeuser Company — Q2 2005 Earnings Presentation on 6ix