Investor Relations - Timber and Real Estate Performance
Adjusted EBITDA* by Segment: 2014 - 2017 YTD
($ in millions)
$300
Adjusted EBITDA* by Segment
Adjusted EBITDA* by Segment (% of Total)
(% of total Adj. EBITDA)
100%
$240
$214
$250
90%
14%
20%
31%
33%
$208
80%
$48
$85
70%
26%
19%
$200
$71
60%
14%
$46
23%
$150
50%
21%
15%
10%
$58
$33
$51
$22
$100
$21
40%
8%
98
30%
$57
44%
43%
$9
20%
40%
$50
36%
$98
$101
$93
$16
$9
10%
$26
2014
2015
2016
2017 YTD
2014
2015
2016
2017 YTD
■Southern Pacific Northwest New Zealand Real Estate ■ Trading
Corporate
($31)
($20)
($19)
($4)
■Southern Pacific Northwest New Zealand Real Estate ■Trading
Corporate
($31)
($20)
($19)
Recent strength in the Real Estate and New Zealand Timber segments has offset harvest
deferrals in the Pacific Northwest and Southern Timber segments.
Rayonier * Non-GAAP measure or pro forma item (see Appendix for definitions and reconciliations).
Investor Relations | May 2017
($4)
37View entire presentation