Russel Metals Q2 FY26 net earnings rise 30% to C$78.5 million; revenue climbs 37% to C$1.66 billion

Reuters2026/08/06 21:40

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Russel Metals posts Q2 net earnings of CAD 78.5 million, up 30% from Q2 2025; revenue climbs 37% to CAD 1.66 billion.
Adjusted EBITDA (non-GAAP) rises 36% from a year earlier to CAD 153.7 million; gross margin expands 130 basis points to 22.6% from Q1.
Kloeckner-acquired branches add CAD 213 million of revenue, contributing CAD 16 million of EBITDA; metal service center tons shipped hit an all-time record.
Quarterly dividend held at CAD 0.44 a share; net debt ends at CAD 144 million with liquidity of CAD 554 million.
Outlook calls for Q3 service center margins comparable to the first-half average, with shipments expected to stay near first-half levels.

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. Russel Metals Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

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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Russel Metals Q2 FY26 net earnings rise 30% to C$78.5 million; revenue climbs 37% to C$1.66 billion

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