Weyerhaeuser: Strong Performance Despite Challenges

Weyerhaeuser achieved a GAAP profit of USD 28 million in the third quarter, equivalent to USD 0.04 per share, with a revenue of USD 1.7 billion. Excluding one-time effects, the profit was USD 35 million. The adjusted EBITDA totaled USD 236 million. The robust operational performance defies a challenging market environment. Thanks to cost efficiency deeply embedded in the company culture and a strong balance sheet, the company considers itself well-positioned and expects an improvement in market conditions by 2025. The long-term growth prospects are also positive. A highlight is the completion of the previously announced acquisition of 84,000 acres in Alabama, made for USD 244 million. This expands the portfolio with high-quality, sustainably managed forest areas and brings Weyerhaeuser closer to its goal of USD 1 billion in strategic acquisitions by the end of 2025. Noteworthy is the development in the renewable energy sector, where the company has three solar projects under construction and more planned. These development projects demonstrate the commitment to sustainable energy sources. In conclusion, Weyerhaeuser emphasized its adaptability to market cycles and the strength of its financial position to capitalize on capital allocation opportunities and create shareholder value. The optimistic outlook for the year 2025 suggests a recovery in demand for the company's products.