Stella-Jones (TSE:SJ) has released an update.
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Stella-Jones Inc. reports a robust financial performance for the year 2023, with an 8% increase in annual sales to $3.319 billion and a record 36% rise in EBITDA to $608 million. The company also announces a 22% hike in its quarterly cash dividend following the 20th consecutive year of dividend growth. These results underscore the company’s successful strategic investments and its positive outlook for sustained profitable growth.
For further insights into TSE:SJ stock, check out TipRanks’ Stock Analysis page.
