Stella-Jones ( (STLJF) ) has released its Q4 earnings. Here is a breakdown of the information Stella-Jones presented to its investors.
Stella-Jones Inc. is a leading North American manufacturer specializing in products essential for infrastructure, including utility poles and railway ties, serving major electrical utilities and railway operators.
Stella-Jones has reported a solid financial performance for the year ending December 31, 2024, with annual sales reaching $3,469 million, marking a 5% increase from the previous year. The company also announced an 11% increase in its quarterly dividend, reflecting its commitment to returning value to shareholders.
Key financial highlights include an operating income of $503 million and an EBITDA of $633 million, maintaining a strong margin of 18.2%. Despite a slight decrease in net income to $319 million, earnings per share rose to $5.66, supported by strategic share repurchases. The company also achieved robust operating cash flow of $408 million, which facilitated investments in growth and shareholder returns.
Looking ahead, Stella-Jones remains optimistic about its growth prospects, particularly in the infrastructure sector, driven by the need to upgrade North America’s electrical grid and opportunities in railway ties. The company aims to enhance shareholder value through a disciplined capital allocation strategy and a focus on maintaining a healthy EBITDA margin.