Brief: Stella-Jones Reports Q1 Results And Says Growth Plan Is In Action

Stella-Jones

10/05/2023 12:35

May 10 (Reuters) - Stella-Jones Inc  SJ.TO :
    * STELLA-JONES REPORTS RECORD FIRST QUARTER RESULTS; GROWTH
PLAN
IS IN ACTION
    * QTRLY EARNINGS PER SHARE $1.03
    * : CONTINUES TO BE FAVOURABLY POSITIONED TO MEET OR EXCEED
FINANCIAL OBJECTIVES SET FOR 2024
    * : SALES IN 2024 ARE NOW EXPECTED TO EXCEED TARGET RANGE
    * : BY 2024, UTILITY POLES SALES ARE PROJECTED TO GROW AT A
COMPOUND ANNUAL RATE OF 20% FROM 2022
    * : BY 2024 EBITDA MARGIN IS EXPECTED TO EXCEED 15% TARGET
BY
APPROXIMATELY 100 BASIS POINTS
    * Q1 EARNINGS PER SHARE VIEW C$0.78, REVENUE VIEW C$706.7
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX4hM6W6 
Further company coverage:  SJ.TO 

 ((Reuters.Briefs@thomsonreuters.com;))