<p>Western Forest Products Inc. reported a net loss of CAD 17.5 million for the fourth quarter (Q4) of 2025, with a diluted loss per share of CAD 1.55. Adjusted EBITDA for the period was negative CAD 6.2 million. The company ended the quarter with net debt of CAD 33.7 million, liquidity of CAD 212.2 million, and a net debt to capitalization ratio of 7%. Lumber production for Q4 2025 was 94 million board feet, while lumber shipments totaled 108 million board feet. During the period, Western continued to focus on its strategic priorities, highlighting progress in health and safety with a Company Medical Incident Rate of 2.70 in 2025, compared to 3.84 in 2024. The company also noted ongoing market challenges, including lower lumber demand in China and increased supply from North America, as well as the re-entry of US logs into the Chinese market following the lifting of import suspensions. Management indicated that, despite challenging markets and higher duties in 2025, Western enters 2026 with an improved balance sheet and remains committed to transitioning to higher value products. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Forest Products Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652454-en) on February 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

Western Forest Products Inc. Q4 net loss at CAD 17.5 million, over 14 times higher year-on-year