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March 1, 2022

Canadian Stella-Jones describes the post-Covid lumber market

Canadian Stella-Jones describes the post-Covid lumber market
Stella Jones has a long track record of steady and profitable growth. This was achieved organically and through selective acquisitions. The Covid-19 pandemic boosted demand for its residential lumber products, which pushed the company to record profits. However, will Stella do well to sustain the record profits in 2022? - this concern is already fully reflected in an undemanding valuation.    Utility poles, railway ties, and home improvement products    The company is headquartered in Montreal, Canada, has three main operating divisions, utility poles, railway ties, and residential lumber. Sales are mostly generated in ...

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