Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Industrials Industrial Distribution

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 > Q1 results

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Comment by Stocker46on May 03, 2022 6:00pm

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Post# 34652924

RE:RE:RE:Q1 results

Yes, impressive 1st Q.
One of my only concerns was whether their 2021 acquisitions (Hixon in particular) would prove to be as accretive as anticipated.

The "largely due to contributions from the company's 2021 acquisitions" seems to confirm they are.
Big increase in Revenue to $851 M.
The gross margin is slightly less than in 2021 but I expect it will improve as they fine tune the Hixon operations.

Glad I got back in when I did.

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