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CanWel Building Materials Group Ltd. (T:CWX)

Business Focus: Construction Supplies & Fixtures Wholesale

Sector:  Consumer Cyclicals Industry:  Construction Supplies & Fixtures
See Regulatory Filings on SEDAR
Company Contact
Address: 1055 West Georgia Street Suite 1100
Stn Royal Centre
PO Box 11135
Tel: 1-416-962 3300
IR: See website
Key People
Amar S. Doman
Chairman of the Board, Chief Executive Officer
James Code
Chief Financial Officer
Marc Seguin
President - CanWel Building Materials Division, Director
John Russell
President, CanWel US Division
Stephen W. Marshall
Vice-President - Treated Wood, CanWel Treating Division, Director
R. S. Doman
General Counsel, Corporate Secretary
Business Overview
CanWel Building Materials Group Ltd is a Canada-based wholesale distributor of building materials and home renovation products, and provider of wood pressure treating services in Canada and the Western United States. The Company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers similar concerns. It also operates approximately seven wood preservation plants that produce wood products. Through its distribution warehouses, it provides a range of building products to dealer/lumberyard and home improvement centers. It carries a line of structural, exterior, interior and specialty products. Its CanWel Building Solutions offer design services. Builders and homeowners use the Company's products primarily in new construction, repair and remodeling.
Financial Overview
For the three months ended 31 March 2020, CanWel Building Materials Group Ltd revenues increased 16% to C$326.7M. Net income totaled C$850K vs. loss of C$356K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Depreciation decrease of 6% to C$3.1M (expense), Loans and borrowings decrease of 5% to C$3.4M (expense).
Employees: 1,152 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $1,379M as of Mar 31, 2020
EBITDA (TTM): $87.58M as of Mar 31, 2020
Net annual income (TTM): $18.43M as of Mar 31, 2020
Free cash flow (TTM): $27.02M as of Mar 31, 2020
Net Debt Last Fiscal Year: $503.22M as of Mar 31, 2020
Shares outstanding: 77,833,133 as of Apr 17, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization