Doman Building Materials' Q2 revenue beats estimates

Doman Building Materials

06/08/2025 21:09

Overview

Doman Q2 2025 revenue rises to C$886.7 mln, beating analyst expectations

Adjusted EBITDA for Q2 2025 increases to C$80.0 mln, showing strong growth

Company declares a quarterly dividend of C$0.14 per share

Outlook

Company focuses on long-term value creation amid macro challenges

Doman sees cooling housing demand and high mortgage rates impacting market

Company aims to optimize balance sheet entering second half of year

Result Drivers

ACQUISITIONS IMPACT - Revenue growth attributed to 2024 acquisitions and legacy operations

STRONG DEMAND - Resilience in end-market demand for construction materials

GROSS MARGIN IMPROVEMENT - Gross margin increased to 16.1% from 15.7% in 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
C$886.70 mln
C$860.30 mln (5 Analysts)
Q2 Net Income
C$27.70 mln
Q2 Gross Margin
16.1%
Q2 Dividend
C$0.14
Q2 EBITDA
C$80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Doman Building Materials Group Ltd is C$10.00, about 13.8% above its August 5 closing price of C$8.62

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX2Mg6N3

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)