Stella-jones Inc. · TSX:SJ
Stella-jones — Q2 2026 Earnings Presentation
8 slides from Stella-jones's earnings presentation, Aug 6, 2026
Slide 1: Q2 2026 Financial Results
Q2 2026 Financial Results Presented by: Eric Vachon, President & CEO Silvana Travaglini, Senior Vice-President & CFO David Galison, Vice-President, Investor Relations August 6, 2026
Slide 2: Caution Regarding Forward-Looking Statements
Caution Regarding Forward-Looking Statements 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 (
Slide 3: Q2 2026 Highlights
Q2 2026 Highlights Sales By Product Category (In Millions of $) 18 45 • Sales of $1,042 million, up from $1,034 million in Q2 2025 • Operating income of $95 million, down from $155 million in Q2 2025, 234 reflecting charges of $32 million related to network optimization Utility products initiatives
Slide 4: Product Category Overview
Q2 2026 Product Category Overview Utility Railway Ties Residential Industrial Logs & Products* Lumber Products Lumber 49% of sales 23% of sales 22% of sales 4% of sales 2% of sales • Sales of $510M • Sales of $235M • Sales of $234M • Sales of $45M • Sales of $18M • Demand remains strong; • Class 1 v
Slide 5: Financial Highlights
Financial (in millions of Canadian dollars, except per share data and margins) Q2-26 Q2-25 Q2 YTD 2026 Q2 YTD 2025 Sales 1,042 1,034 1,833 1,807 Highlights Gross profit(1) Gross profit margin(1) 186 17.9% 206 19.9% 341 18.6% 374 20.7% Adjusted EBITDA(1) 167 189 303 330 Adjusted EBITDA margin(1) 16.0
Slide 6: Disciplined Capital Allocation
Disciplined Prudent capital allocation and investment-grade rating allows pursuit of growth opportunities while returning capital to shareholders. Capital Allocation Cash Flow Generation Strategy • $192 million in cash from operations in the quarter: • Supported by favorable working capital performa
Slide 7: Key Takeaways
Key Takeaways Demand & Growth - Healthy demand across infrastructure markets - Advancing growth avenues to support long-term strategy Quarterly Margin Performance - Near-term margin shortfall Path to Improvement - Margin performance expected to improve as early as H2 2026 - Optimization initiatives
Slide 8: 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