West Fraser posts Q4, annual gains

West Fraser Timber reported Q4 earnings of $366 million, up from a $31 million loss a year ago, while sales for the quarter rose to almost $1.7 billion, compared to $1.13 billion. The lumber segment generated operating earnings of $503 million. For the full year, sales totalled $5.85 billion with earnings at $776 million, up from $4.88 billion and a $150 million loss, respectively, in fiscal 2019.