Stella-Jones (TSE:SJ) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Stella-Jones reported a slight dip in third-quarter sales and operating income compared to last year, yet maintained a strong EBITDA margin of 17.7%. The company updated its three-year financial objectives, anticipating sales of approximately $3.6 billion by 2025, driven by increased infrastructure investments from utilities. Despite a slower purchasing pace by utility customers this quarter, Stella-Jones remains optimistic about future growth and profitability.
For further insights into TSE:SJ stock, check out TipRanks’ Stock Analysis page.
