Stella-Jones
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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 the U.S. (68%), with 32% coming from Canada. The largest division (35% of sales in 2020) provides utility poles to North American electrical utilities and telecommunication companies. Treated wood poles offer durability (lasting from 40 to 50 years), and a relatively low... Continue reading
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March 1, 2022
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 the U.S. (68%), with 32% coming from Canada. The largest division (35% of sales in 2020) provides utility poles to North American electrical utilities and telecommunication companies. Treated wood poles offer durability (lasting from 40 to 50 years), and a relatively low... Continue reading
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March 1, 2022
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 the U.S. (68%), with 32% coming from Canada. The largest division (35% of sales in 2020) provides utility poles to North American electrical utilities and telecommunication companies. Treated wood poles offer durability (lasting from 40 to 50 years), and a relatively low... Continue reading