Investor Presentaiton
Historical Financial Snapshot - Last 8 Quarters
Revenue ($ millions)
Adjusted EBITDA ($ millions)
$328
$310
Strike
Impacted (1)
$50
$293 $285 $276
$32
$18
$18
$15
$142
$99
$80
WFP
Strike
Impacted (1)
($17)
($18) ($17)
Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19
Q4-19 Q1-20
Q2-18 Q3-18 Q4-18 Q1-19 Q2-19
Q3-19
Q4-19 Q1-20
Lumber Shipments (MMfbm)
Adjusted EBITDA Margin %
15.3%
Strike
Impacted (1)
235
212
218
211
Strike
Impacted (1)
11.0%
6.3% 6.6%
203
4.9%
90
64
44
Q2-18 Q3-18 Q4-18 Q1-19
Q2-19 Q3-19 Q4-19 Q1-20
ווי
-17.6%
-11.7%
-22.6%
Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20
(1) All of Western's timberlands and most of our B.C. based manufacturing divisions were impacted by a strike by the United Steelworkers Local 1-1937 ("USW"), which commenced on
July 1st, 2019. On February 15th, 2020, the USW members ratified a new 5-year collective agreement which is effective as of June 15th, 2019 and expires on June 14th, 2024, ending
the strike
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