Canada's Russel Metals Q4 revenue misses expectations

Russel Metals

11/02/2026 22:09

Overview

Canada metals distributor's Q4 revenue missed analyst expectations

Q4 EBITDA rose 12% yr/yr to C$69 mln

Company completed Kloeckner acquisition, boosting U.S. revenue contribution

Outlook

Russel Metals expects improved margins in Q1 2026 due to rising steel prices

Company anticipates seasonal recovery in shipments in Q1 2026

Russel Metals to benefit from U.S. industrial growth and infrastructure investments

Result Drivers

ACQUISITIONS DRIVE REVENUE - Q4 2025 revenue increased 5% year-over-year, primarily due to acquisitions completed in 2024

IMPROVED EBITDA - Q4 2025 EBITDA rose 12% year-over-year, aided by improved market conditions and value-added initiatives

KLOECKNER ACQUISITION - Completed acquisition expected to increase U.S. revenue contribution to over 50%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
C$1.10 bln
C$1.13 bln (6 Analysts)
Q4 EPS
C$0.55
Q4 Net Income
C$30.40 mln
Q4 EBIT
C$45.20 mln
Q4 EBITDA
C$68.60 mln


Press Release: ID:nCNW2dPHFa

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(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.)