Stella-Jones Q2 FY26 net income drops 42.5% to C$61 million; sales rise 0.8% to C$1.04 billion

Reuters2026/08/06 10:18

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Stella-Jones posted Q2 net income of CAD 61 million, down 42.45% from a year earlier; EPS fell to CAD 1.12.
Operating income dropped to CAD 95 million, reflecting CAD 32 million of impairment and restructuring tied to railway ties network optimization.
Sales edged up to CAD 1.04 billion; adjusted EBITDA (non-GAAP) slipped to CAD 167 million, cutting margin by 2.3 percentage points to 16%.
Utility products sales rose to CAD 510 million, supported by wood utility poles volume momentum and a CAD 29 million contribution from the Brooks acquisition.
Management expects margin improvement in the second half, though full-year adjusted EBITDA margin is projected to come in below 17.5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stella-Jones Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Stella-Jones Q2 FY26 net income drops 42.5% to C$61 million; sales rise 0.8% to C$1.04 billion

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