Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Consumer Cyclical Home Furnishings & Fixtures

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

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Doman Building Materials Group Ltd > CEO Amar Doman on Q3 2021 Results - Earnings Call Transcript

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Comment by Stocker46on Nov 06, 2021 9:56am

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Post# 34095526

RE:CEO Amar Doman on Q3 2021 Results - Earnings Call Transcript

Just played the CC recording.

They seem quite confident going forward. Interesting discussion on Hixon.
They were still booking some acquisition costs in 3rd Q & it sounds like there were some tranportation issues due to the lack of truck drivers.

They're in the process of doing some technical upgrades (re Hixon).
Also mentioned that margins in the US are getting back to the level they saw during their due diligence prior to the Hixon acquisition. Estimated Housing renovation & repair activity is still strong in the US.

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