3 February 2006– Federal Way (WA): Weyerhaeuser has posted a Q4 net loss of $211 million, or EPS of -$0.86, reversing a year-ago net income of $199 million, or EPS of $0.82.
The sum includes charges of $438 million for closing facilities and $32 million for other charges against assets, although the company gained on businesses that it sold.
Q4 sales rose about 3 per cent to $5.87 billion from $5.69 billion last year.