Doman Building Materials Group Ltd
TSX:DBM

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Doman Building Materials Group Ltd Logo
Doman Building Materials Group Ltd
TSX:DBM
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Price: 7.88 CAD -0.25% Market Closed
Market Cap: 687.8m CAD

Doman Building Materials Group Ltd
Investor Relations

Doman Building Materials Group Ltd. engages in the distribution and trade of construction materials. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2005-05-18. The company also operates approximately seven wood preservation plants that produce wood products. The firm provides a range of building products to dealer/lumberyard and home improvement centers. The firm operates Vancouver-based Lignum Forest Products LLP, which is a specialty wholesaler and distributor of premium lumber products. Doman operates treating plants and lumber remanufacturing facilities in Canada and the United States, with distribution centers in all major cities and strategic locations across Canada, Central United States and the west coast of the United States. The firm offers a line of structural, exterior, interior and specialty products.

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DBM
S&P TSX Composite Index (Canada)

Earnings Calls

2024 Q3
Nov 8, 2024
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Doman Building Materials Reports Revenue Growth Amid Market Challenges
2024 Q3
Nov 8, 2024

In Q3 2024, Doman Building Materials reported sales of $663 million, a 3% increase from last year's $643.9 million. This growth was driven by higher volumes from acquisitions, despite lower average pricing for lumber. Gross margins slightly decreased to 15.5%, yielding $103 million. However, net earnings fell to $14.6 million from $21.2 million due to rising expenses. Looking ahead, the company remains optimistic about integrating new acquisitions and seeks to capture emerging market opportunities, positioning itself well for future revenue growth despite underlying challenges.

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Management

Mr. Amardeip Singh Doman
Chairman & CEO
No Bio Available
Mr. James S. Code B.B.A., CPA, CA.
Chief Financial Officer
No Bio Available
Mr. John Russell
President of Doman Building Materials, USA
No Bio Available
Mr. Mark Chatfield
President of DOMAN Lumber
No Bio Available
Ali Mahdavi
Head of Investor Relations
No Bio Available
Mr. R. S. Doman L.L.B., M.B.A.
General Counsel & Corporate Secretary
No Bio Available
Mr. Michel Walsh
Director of Products & Marketing
No Bio Available

Contacts

Address
BRITISH COLUMBIA
Vancouver
1055 West Georgia Street Suite 1100, PO Box 11135 Stn Royal Centre
Contacts
+16044321400.0
www.canwel.com