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Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s):  CWXZF

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.


TSX:DBM - Post by User

Post by TheBridgeon Dec 20, 2024 9:32am
57 Views
Post# 36371943

Positive Sign

Positive SignFrom this morning's G&A, Friday's Analyst's Upgrades and Downgrades. DBM with an outperform market rating and a $11 target. Analyst: "We think Doman's business model as a distributor is attractive relative to more commodity-exposed names under our coverage, particularly ater the company took steps to reduce inventory levels. We think that Doman can continue to execute on growing in the U.S. over time, including through M&A that helps to expand its scale and geographic reach.

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