Doman Q2 2026 earnings rise as higher US construction materials pricing lifts sales, trims finance costs
Reuters2026/08/05 22:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- In Q2 2026, revenue rose 2% to CAD 904.5 million, driven mainly by higher year-over-year pricing in some U.S. categories.
- Gross margin increased 2.2% to CAD 145.8 million; margin rate held at 16.1% as higher sales offset cost pressures.
- Distribution, selling and administration costs climbed 6.9% to CAD 67 million, reflecting broad inflationary pressures.
- EBITDA fell 1.8% to CAD 78.6 million; lower net debt cut finance costs to CAD 17.6 million from CAD 19.3 million.
- Net earnings rose to CAD 31.2 million from CAD 27.7 million, helped by a lower income tax provision of CAD 5.8 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Doman Building Materials Group Ltd. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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