Stella-Jones (TSE:SJ) has released an update.
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Stella-Jones reported a slight dip in third-quarter sales and operating income compared to last year, yet maintained a strong EBITDA margin of 17.7%. The company updated its three-year financial objectives, anticipating sales of approximately $3.6 billion by 2025, driven by increased infrastructure investments from utilities. Despite a slower purchasing pace by utility customers this quarter, Stella-Jones remains optimistic about future growth and profitability.
For further insights into TSE:SJ stock, check out TipRanks’ Stock Analysis page.
