Stella-jones Inc. · TSX:SJ
Stella-jones — Q1 2025 Earnings Presentation
10 slides from Stella-jones's earnings presentation, May 7, 2025
Slide 1: Q1 2025 Financial Results
May 7, 2025 Q1 2025 Financial Results
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: Q1 2025 Highlights
Q1 2025 HIGHLIGHTS SALES BY PRODUCT CATEGORY (in millions of $) Highlights: • Sales of $773 million, relatively unchanged from Q1 2024 • Operating income of $143 million, including insurance settlement of $38 million • Strong EBITDA(1) of $179 million, or 23.2% margin(1), including 5% from insurance
Slide 4: Product Category Overview
PRODUCT CATEGORY OVERVIEW UTILITY RAILWAY INDUSTRIAL RESIDENTIAL LOGS & POLES TIES PRODUCTS LUMBER LUMBER 54% of Sales 27% of Sales 5% of Sales 11% of Sales 3% of Sales • Sales of $419 million • Sales of $208 million • Sales of $39 million • Sales of $88 million • Sales of $19 million • Stronger vol
Slide 5: Growing Into Steel Transmission Structures
GROWING INTO STEEL TRANSMISSION STRUCTURES • Leading designer and manufacturer of steel electrical transmission lattice towers and poles; • Marks entry into the steel structures space to better support utility customers across North America; • Based in Candiac, Quebec, with over 75 years of experien
Slide 6: Addressable North American Transmission & Distribution Market
ADDRESSABLE NORTH AMERICAN TRANSMISSION & DISTRIBUTION MARKET Opportunity for Stella-Jones to capitalize on growing electrical transmission & distribution market, underpinned by a combination of maintenance-driven demand and new projects. TRANSMISSION ADDRESSABLE MARKET DISTRIBUTION ADDRESSABLE MARK
Slide 7: Q1 2025 Financial Performance
Q1 2025 FINANCIAL PERFORMANCE (in millions of Canadian dollars, except per share data and margins) Q1-25 Q1-24 Sales 773 775 Gross Profit(1) 168 172 Gross Profit margin(1) 21.7% 22.2% Operating income 143 124 Operating income margin(1) 18.5% 16.0% EBITDA(1) 179 156 EBITDA Margin(1) 23.2% 20.1% Net i
Slide 8: Disciplined Capital Allocation Strategy
DISCIPLINED CAPITAL ALLOCATION STRATEGY $380M Investment-grade capital allocation strategy allows pursuit of growth Returned to opportunities while returning capital to shareholders. Shareholders out of $500 M committed As at March 31, 2025 Return to NCIB Program $691M Shareholders Commitment Strate
Slide 9: Positive Future Outlook
POSITIVE Well Positioned for Balance of 2025: • Q1 2025 largely within expectations FUTURE • 2025 total sales expected to benefit from Locweld acquisition OUTLOOK Acquisitions Remain Cornerstone of Growth • Prioritizing opportunities that are accretive and are complementary to existing infrastructur
Slide 10: www.stella-jones.com
www.stella-jones.com Stella-Jones Stella-Jones Stella-Jones