Montreal, QC’s, Stella-Jones earned $19.7 million, or 29 cents per diluted share, for the three-month period ending
December 31, the company announced Friday. This compared to $16.5 million, or 25 cents per share, in the same period a year ago.
Sales increased to $211.9 million, from $159.3 million a year earlier.
The sales included $49.3 million from McFarland Cascade Holdings acquired in November 2012 and $4.1 million from the Pacific Wood Preserving Companies purchased a year later. Excluding these contributions and the currency gain, sales decreased $6.7 million.
For the year, Stella-Jones earned $92.5 million, or $1.34 per diluted share, compared with $73.1 million, or $1.13 per diluted share, in 2012. Revenue came in at $970.1 million, versus $717.5 million a year earlier.