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Doman Building Materials Group ( (TSE:DBM) ) just unveiled an announcement.
Doman Building Materials Group Ltd. reported its financial results for 2024, showing an increase in consolidated revenues to $2.7 billion, largely driven by acquisitions despite a slowing construction materials market. The company maintained a gross margin of 16% and declared dividends of $0.56 per share for the year. The fourth quarter saw revenues of $707.8 million and a gross margin increase to 16%, reflecting strategic growth and operational excellence. However, net earnings were impacted by non-recurring acquisition-related costs.
More about Doman Building Materials Group
Doman Building Materials Group Ltd. operates in the construction materials industry, primarily focusing on construction materials, specialty and allied products, and other related products. The company is known for its strategic acquisitions and market presence in Canada.
YTD Price Performance: -10.54%
Average Trading Volume: 163,693
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$667.7M
For detailed information about DBM stock, go to TipRanks’ Stock Analysis page.
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