Stella-Jones Inc. · TSX:SJ
Stella-Jones — Q3 2026 Earnings Presentation
13 slides from Stella-Jones's earnings presentation, Nov 4, 2026
Slide 1: Q3 2026 Financial Results
Q3 2026 Financial Results Presented by: Eric Vachon, President & CEO Silvana Travaglini, Senior Vice -President & CFO David Galison, Vice -President, Investor Relations November 4 , 2026
Slide 2: Cautionary Statements
CautionaryStatements For the purpose of this presentation, Stella -Jones Inc . is referred to as “Stella -Jones” or the “Company” and includes its wholly -owned subsidiaries . This presentation contains forward - looking information within the meaning of applicable securities laws (“forward -looking
Slide 3: Executing Against Operational Priorities
Executing Against Operational Priorities Q3 Progress and Milestones ▪ Launch of Stella - Jones Performance Optimization Program Improving o Expected to deliver up to $100M in cumulative cost savings and incremental profitability over the next operational three years combined, with expected run rate
Slide 4: Q3 2026 Highlights
Q3 2026 Utility Products1 Highlights Wood utility poles • Sustained demand resilience despite broader economic backdrop • Pricing: market conditions broadly stable across customer base Crossarms Q3 2026 Revenue • Expanding our presence with established utility customers through a Breakdown broader p
Slide 5: Q3 2026 Sales Overview
Q3 2026 Sales Overview Key Takeaways Q3 Sales Year-Over-Year Change (in C$millions) • Q3 2026 Sales of $979M • ↑ $21M y/y • Led by crossarm acquisition 33 1 and volume growth in wood 979 958 utility poles (7) (6) o Brooks acquisition contributed $33 million in sales • Partially offset by: • shift in
Slide 6: Disciplined Capital Allocation Strategy
Disciplined Capital Allocation Strategy Balance Sheet Strength Enabling Shareholder Returns & Growth Proven Cash Flow $158M Generation Cash flow from operations Q3 2026 Accretive and Opportunistic M&A Strong Liquidity 1 $836M Available liquidity at Sept. 30, 2026 Organic Growth Investment Grade Rati
Slide 7: Key Takeaways
Key Takeaways Streamlined Operating Financial Strength and Go-Forward Margin Demand & Growth Platform Flexibility Expansion ▪ Healthy demand across ▪ Performance ▪ Strong cash flow ▪ Pricing actions and core infrastructure Optimization Program generation and ample optimization benefits markets targe
Slide 8: Roadmap: Adjusted EBITDA Margin
1 Roadmap Adjusted EBITDA Margin Drivers of margin expansion 0 .5% - 1.0% 0 .5% - 1.0 % 17.5% - 18.5% 16.5% LTM Adjusted EBITDA Margin Performance Optimization Program Other Target Adjusted EBITDA Margin (as at Sept. 30, 2026) Up to $100M in cumulative ▪ Fuel costs pass -throughs For the 2026 -2028
Slide 9: Q3 2026 Financial Results
Q3 2026 Financial Results Presented by: Eric Vachon, President & CEO Silvana Travaglini, Senior Vice -President & CFO David Galison, Vice -President, Investor Relations November 4 , 2026
Slide 10: Appendix
Appendix
Slide 11: Financial Highlights
Financial (in millions of Canadian dollars, except per share data and margins) Q3-26 Q3-25 Q3 YTD 2026 Q3 YTD 2025 Highlights Sales Gross profit(1) 979 168 958 188 2,812 509 2,765 562 (1) Gross profit margin 17.2% 19.6% 18.1% 20. 3% Operating Income 82 135 274 433 (1) Operating Income Margin 8.4% 14
Slide 12: Non-GAAP and Other Financial Measures
Non-GAAP and Other Financial Measures Adjusted EBITDA, Adjusted EBITDA margin, adjusted EPS – basic and net debt-to-adjusted EBITDA are non-GAAP financial measures and non-GAAP ratios and gross profit and gross profit margin are supplementary financial measures, all of which have no standardized mea
Slide 13: Investor Relations and Media Contacts
Investor Relations Media David Galison Stephanie Corrente Vice President, Investor Relations Director, Corporate Communications dgalison@stella -jones.com scorrente@stella -jones.com stella-jones.com stella-jones.com