Doman Building Materials' Q2 revenue beats estimates
Overview
Doman Q2 2025 revenue rises to C$886.7 mln, beating analyst expectations
Adjusted EBITDA for Q2 2025 increases to C$80.0 mln, showing strong growth
Company declares a quarterly dividend of C$0.14 per share
Outlook
Company focuses on long-term value creation amid macro challenges
Doman sees cooling housing demand and high mortgage rates impacting market
Company aims to optimize balance sheet entering second half of year
Result Drivers
ACQUISITIONS IMPACT - Revenue growth attributed to 2024 acquisitions and legacy operations
STRONG DEMAND - Resilience in end-market demand for construction materials
GROSS MARGIN IMPROVEMENT - Gross margin increased to 16.1% from 15.7% in 2024
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | C$886.70 mln | C$860.30 mln (5 Analysts) |
Q2 Net Income | C$27.70 mln | ||
Q2 Gross Margin | 16.1% | ||
Q2 Dividend | C$0.14 | ||
Q2 EBITDA | C$80 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy"
Wall Street's median 12-month price target for Doman Building Materials Group Ltd is C$10.00, about 13.8% above its August 5 closing price of C$8.62
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release:
