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Q1 2017 Financial Results

Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today announced financial results for its first quarter ended March 31, 2017 Sales reached $396.9 million, versus $421.0 million last year. Acquisitions contributed sales of approximately $22.8 million, while the conversion effect from fluctuations in the value of the Canadian dollar, Stella-Jones’ reporting currency, versus the U.S. dollar, had a negative impact of $11.3 million on the value of U.S. dollar denominated sales. Excluding these factors, sales decreased approximately $35.5 million, or 8.4%.


  • Sales of $396.9 million, versus $421.0 million a year ago
  • Operating income of $40.8 million, compared with $54.6 million in the prior year
  • Net income of $25.9 million, versus $35.0 million last year
  • Diluted EPS of $0.37, compared with $0.51 a year ago

Financial Highlights
Quarters ended
March 31
(CDN $) 2017 2016 % change
Sales 396.9 M 421.0 M (5.7)
Net income 25.9 M 35.0 M (26.0)
Net income per share - diluted 0.37 0.51 (27.5)

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Download the 2016 Annual Report