Weyerhaeuser reports Q4 2013, full year results

Photo: Weyerhaeuser
Photo: Weyerhaeuser

Weyerhaeuser Company recently reported full year 2013 net earnings of $540 million, or 95 cents per diluted share, on net sales of $8.5 billion. This compares with net earnings of $385 million, or 71 cents per diluted share, on net sales of $7.1 billion for the full year 2012. Full year 2013 net earnings before special items doubled compared with 2012 on 21 percent improvement in net sales. Other highlights from Weyerhaeuser’s 2013 report include:

- Entered into agreement to combine Weyerhaeuser's homebuilding subsidiary with TRI Pointe Homes

- Acquired Longview Timber LLC