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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
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 nine months ended 30 September 2020, CanWelBuilding Materials Group Ltd revenues increased 16% toC$1.21B. Net income increased from C$13.8M to C$44.6M.Revenues reflect an increase in demand for the Company'sproducts and services due to favorable market conditions.Net income benefited from Loans and borrowings decrease of30% to C$8.1M (expense), Acquisition costs decrease fromC$415K (expense) to C$0K.
Employees: 1,152 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $1,505M as of Sep 30, 2020
EBITDA (TTM): $124.65M as of Sep 30, 2020
Net annual income (TTM): $47.95M as of Sep 30, 2020
Free cash flow (TTM): $95.57M as of Sep 30, 2020
Net Debt Last Fiscal Year: $364.78M as of Sep 30, 2020
Shares outstanding: 77,996,124 as of Feb 5, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization