Stella-jones Inc. · TSX:SJ

Stella-jones — Q1 2024 Earnings Presentation

8 slides from Stella-jones's earnings presentation, May 8, 2024

  1. Slide 1: Q1 2024 Financial Results

    Q1 2024 Financial Results May 8, 2024 Stella-JoneS 1°; el

  2. Slide 2: Forward-Looking Information

    FORWARD-LOOKING INFORMATION This presentation contains certain statements that are forward-looking, including comments with respect to the Company's objectives, strategies, targets and expectations. The reader is cautioned not to place undue reliance on these statements since a number of known and u

  3. Slide 3: Strong Start to 2024 Following Record 2023 Results

    STRONG START TO 2024 FOLLOWING RECORD moses cose (in millions of $) 2023 RESULTS ot Highlights: $775 * Total sales of $775 million, up 9% from Q1 2023 from significant growth in infrastructure product categories * Record EBITDA of $156 million, up 30% from Q1 2023 * EBITDA margin increased to 20.1%

  4. Slide 4: Product Category Overview

    PRODUCT CATEGORY OVERVIEW i RESIDENTIAL LOGS & \ UTILITY POLES PRODUCTS LUMBER LUMBER 52% of Sales 29% of Sales 5% of Sales 11% of Sales 3% of Sales * Sales increased to $402 * Sales increased to $227 * Sales of $36 million * Sales of $87 million * Sales of $23 million million million * Organic grow

  5. Slide 5: Q1 2024 Financial Performance

    Q1 2024 FINANCIAL PERFORMANCE (in millions of Canadian dollars, except per share data and margins) Q1-24 Q1-23 Variation ($) Variation (%) Sales 775 710 65 9% Gross Profit 172 136 36 26% Gross Profit margin 22.2% 19.2% n/a 300 bps EBITDA 156 120 36 30% EBITDA Margin 20.1% 16.9% n/a 320 bps Operating

  6. Slide 6: Net Debt-to-EBITDA Ratio of 2.7x

    Net debt-to-EBITDA® ratio of 2.7x * — Largely due to increase in working capital requirements during the first quarter go Q1 2024 CASH ofeach yer F F LOW AN D QI 2024 Liquidity Uses: * Support seasonal increase in working capital requirements CAPITAL , Spee ALLOCATION | Sotstonon * Return capital to

  7. Slide 7: Focused on Growing Sales and EBITDA Margin

    FOCUSED ON GROWING SALES AND EBITDA MARGIN OBJECTIVES: 2023-2025 SALES SALES MIX EBITDA Utility Poles 15% CAGR 16% through 2025, driven by Railway Ties Low single-digit annual growth the increased proportion of higher-margin utility poles Infrastructure product categories 9% CAGR 75-80% sales in the

  8. Slide 8: Stella-Jones

    Stella-JoneS - | eee @) Stella-Jones : CVOR 020-649-050 Stella-JoneS uce

Stella-Jones — Q1 2024 Earnings Presentation on 6ix