West Fraser Wraps Up Strong 2017 Thanks To Rising Home Construction and Soaring Lumber Prices
West Fraser's rapid earnings growth progressed in line with our expectations through the fourth quarter. The company has been a significant beneficiary of rapidly rising wood product prices throughout North America. Favorable pricing, along with robust local and export demand, drove consolidated adjusted EBITDA more than 70% higher to CAD 1.16 billion in 2017. We've slightly increased our fair value estimate to CAD 72 per share from CAD 71 due to time-value-of-money effects.Lumber segment perfo...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.