Stella-Jones ( (TSE:SJ) ) has shared an announcement.
Stella-Jones Inc. reported a 5% increase in annual sales to $3,469 million and an EBITDA margin of 18.2% for the year ending December 31, 2024. Despite softer market demand for utility poles, the company maintained strong operating cash flows and increased its quarterly dividend by 11%, reaffirming its financial objectives for 2023-2025. Looking forward to 2025, Stella-Jones aims to capitalize on the need to strengthen North America’s electrical grid and expand its offerings to infrastructure customers, focusing on optimizing its operating model and maintaining a healthy EBITDA margin to enhance shareholder value.
More about Stella-Jones
Stella-Jones Inc. operates in the infrastructure sector, focusing on products such as utility poles and railway ties. The company is committed to sustaining profitable growth and enhancing shareholder value through its customer-centric approach and disciplined capital allocation strategy.
YTD Price Performance: -4.08%
Average Trading Volume: 13,067
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.71B
Learn more about SJ stock on TipRanks’ Stock Analysis page.