Stella-jones Inc. · TSX:SJ
Stella-jones — Q2 2024 Earnings Presentation
9 slides from Stella-jones's earnings presentation, Aug 7, 2024
Slide 1: Q2 2024 Financial Results
Q2 2024 Financial Results August 7, 2024
Slide 2: Caution Regarding Forward-Looking Information & Non-GAAP Measures
CAUTION REGARDING FORWARD-LOOKING INFORMATION & NON-GAAP MEASURES 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 st
Slide 3: Strong Q2 2024 – Effective Execution of Growth Strategy
STRONG Q2 2024 – EFFECTIVE EXECUTION OF GROWTH S ALE S B Y PR OD UC T C ATE G OR Y STRATEGY (in millions of $) Highlights: • Total sales of $1,049 million, up 8% from Q2 2023 with volumes and pricing gains • Operating income increased 13% to $168 million, representing a $1,049 margin1 of 16.0% • EBI
Slide 4: Q2 2024 Product Category Overview
Q2 2024 PRODUCT CATEGORY OVERVIEW UTILITY RAILWAY INDUSTRIAL RESIDENTIAL LOGS & POLES TIES PRODUCTS LUMBER LUMBER 45% of Sales 25% of Sales 4% of Sales 23% of Sales 3% of Sales • Sales increased to $470 • Sales increased to $265 • Sales of $46 million • Sales of $243 million, • Sales of $25 million
Slide 5: Prioritizing ESG
PRIORITIZING ESG Climate Change & GHG Emi: We commit to reducing our emissions intensity and maximizing the carbon sequestered in our products. sions © Energy Efficiency © Renewable Energy © Innovation Health & Safety We keep our people safe by reducing risks through a culture ‘of teamwork, ownershi
Slide 6: Q2 2024 Financial Performance
Q2 2024 FINANCIAL PERFORMANCE (in millions of Canadian dollars, except per share data and margins) Q2-24 Q2-23 YTD Q2-24 YTD Q2-23 Sales 1,049 972 1,824 1,682 Gross profit1 226 200 398 336 Gross profit margin1 21.5% 20.6% 21.8% 20.0% Operating income 168 149 292 244 Operating income margin1 16.0% 15
Slide 7: Q2 2024 Cash Flow and Capital Allocation
Q2 2024 CASH Q2 2024 Liquidity Uses: • Invest in network FLOW AND • Repay long-term debt CAPITAL • Return capital to shareholders: > $260M returned out of $500M committed Declared quarterly dividend of $0.28 per common share ALLOCATION Net debt-to-EBITDA1 ratio of 2.5x 1 This indicated term has no s
Slide 8: Well Positioned to Meet or Exceed Financial Objectives
WELL POSITIONED TO MEET OR EXCEED FINANCIAL OBJECTIVES (in millions of Canadian dollars, except percentages 2023-2025 Trailing 12 months and margins) Objectives1 Q2 2024 Sales > $3,600 $3,461 EBITDA margin 16% 19.3% Return to shareholder: cumulative > $500 $262 Net Debt-to-EBITDA2 2.0x-2.5x 2.5x 1 E
Slide 9: www.stella-jones.com
www.stella-jones.com www.stella-jones.com Stella-Jones Stella-Jones Stella-Jones Stella-Jones Stella-Jones