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2016 Financial Results

Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today announced financial results for its fourth quarter and fiscal year ended December 31, 2016. For the year, sales reached $1.84 billion, up 17.9% from last year’s sales of $1.56 billion. Acquisitions contributed additional sales of $156.8 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 positive impact of about $53.1 million on the value of U.S. dollar denominated sales. Excluding these factors, sales increased approximately $69.1 million, or 4.4%.


2016 HIGHLIGHTS

  • Sales of $1.84 billion in 2016, up 17.9% from $1.56 billion in 2015
  • 2016 operating income of $233.2 million, a 6.0% increase from the previous year
  • 8.9% increase in net income in 2016 to $153.9 million, versus $141.4 million in 2015
  • 2016 diluted EPS of $2.22, up from $2.04 last year

Financial Highlights
Years ended
December 31
(CDN $) 2016 2015 % change
Sales 1.84 B 1.56 B 17.9
Net income 153.9 M 141.4 M 8.9
Net income per share - diluted 2.22 2.04 8.8

INVESTOR QUICK LINKS
Download the 2015 Annual Report