Weyerhaeuser boosts net earnings by 71.3% in Q1/2018
Weyerhaeuser reported Q1 2018 net earnings of $269 million (+71.3% YoY) on net sales of $1.87 billion (+10.2%). Adjusted EBITDA for the first quarter was $544 million compared with $454 million for the first quarter of last year and $551 million for the fourth quarter of 2017. "I am extremely pleased with our first quarter performance, as we fully capitalized on strong lumber, OSB and Western log markets to drive outstanding results, including the highest first quarter Wood Products EBITDA on record. This includes exceptional work by our teams to mitigate the effect ...
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