Stella-Jones Inc

SJ

Equity

ISIN CA85853F1053 / Valor 243988

Toronto Stock Exchange (2025-03-13)

CAD 66.70-0.49%

Stella-Jones Inc
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About company

Stella-Jones Inc is a leading North American manufacturer of pressure-treated wood products, specializing in railway ties, utility poles, and lumber for residential and industrial construction.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Revenue Growth

Stella-Jones Inc. reported a significant increase in revenue for the third quarter of 2024. The company's revenue reached $1.2 billion, marking a 10% growth compared to the same period in 2023. This growth was primarily driven by increased sales in the utility poles and railway ties segments.

Net Income

For the third quarter of 2024, Stella-Jones Inc. achieved a net income of $85 million, reflecting a 15% increase from the previous year's third quarter. The improvement in net income was attributed to higher sales volumes and effective cost management strategies.

Earnings Per Share

Stella-Jones Inc. reported earnings per share (EPS) of $1.50 for the third quarter of 2024, up from $1.30 in the third quarter of 2023. The increase in EPS was supported by the company's share repurchase program, which reduced the number of outstanding shares.

Dividend Declaration

In line with its strong financial performance, Stella-Jones Inc. declared a quarterly dividend of $0.20 per share for the third quarter of 2024. This represents a 5% increase compared to the dividend declared in the same quarter of the previous year.

Outlook

Looking ahead, Stella-Jones Inc. remains optimistic about its growth prospects for the remainder of 2024. The company expects continued demand in its core markets and plans to invest in capacity expansion to support future growth. Management has reaffirmed its full-year guidance, anticipating revenue growth in the high single digits.

Summarized from source with an LLMView Source

Key figures

-8.61%1Y

72.0%3Y

121%5Y

Performance

32.3%1Y

28.8%3Y

29.4%5Y

Volatility