• Stella-Jones published its Q1 2026 MD&A, showing sales up 2% to CAD 791 million, driven by 6% organic growth in wood utility poles, partly offset by weaker residential lumber demand and pricing.
• Operating income fell to CAD 97 million from CAD 143 million, reflecting absence of prior-year insurance settlement; adjusted operating income slipped to CAD 99 million from CAD 105 million, pressured by less favorable utility pole mix and higher costs, including stock-based compensation mark-to-market.
• Adjusted EBITDA declined to CAD 136 million from CAD 141 million; margin eased to 17.2% from 18.2%.
• Site selection completed for new U.S. steel lattice manufacturing facility in Fayetteville, Tennessee; no capital expenditures recorded for project in quarter.
• Available liquidity totaled CAD 646 million; net debt-to-adjusted EBITDA held at 2.6x, reflecting seasonal working capital build.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stella-Jones Inc. published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.