Weyerhaeuser outlines 2030 financial targets ahead of investor day

Weyerhaeuser (WY) is hosting its investor day, beginning at 9 a.m. Eastern, to outline the company’s growth plan and financial targets through 2030. At the event, Weyerhaeuser’s management team will discuss the company’s plans. The plan is expected to deliver $1.5B of incremental Adjusted EBITDA by 2030, measured against a 2024 baseline, and includes $1B of Adjusted EBITDA uplift from identified growth initiatives. The remaining $500M of uplift reflects a modest improvement in product pricing during the period, which the company views as a conservative estimate. Identified growth initiatives span the entirety of Weyerhaeuser’s portfolio and include the following expected contributions above the 2024 baseline: $440M from Wood Products; $230M from Strategic Land Solutions, including $170M of uplift from Climate Solutions business; $180M from enterprise initiatives and $150M from Timberlands. “Weyerhaeuser stands alone in the timberlands, wood products and land solutions space as the only large cap, integrated investment opportunity poised for accelerated growth,” says Devin Stockfish, president and chief executive officer. “Today’s event will showcase the company’s unrivaled strengths, competitive advantages and strong track record of setting and achieving ambitious targets – all of which provide the foundation for our next chapter. Over the next five years, we intend to catalyze growth initiatives across the entirety of our integrated portfolio to significantly grow the value and cash generation capabilities of our company and further strengthen our competitive position. These actions will enhance our ability to maximize cash flow per share while maintaining a stable foundation through market cycles and ultimately position Weyerhaeuser to deliver industry-leading total shareholder return. I’m confident in our ability to achieve our 2030 growth plan and incredibly excited to embark on this transformational journey with our employees.”