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Source : Contacts : Stella - Jones Inc. Silvana Travaglini , CPA , CA Senior Vice - President and Chief Financial Officer Stella - Jones Tel .: ( 514 ) 940-8660 stravaglini@stella-jones.com ● ● ● ● Stella - JoneS 73 Pierre Boucher , CPA , CMA Jennifer McCaughey , CFA MaisonBrison Communications Tel .: ( 514 ) 731-0000 pierre@maisonbrison.com jennifer@maisonbrison.com STELLA - JONES REPORTS SECOND QUARTER RESULTS Sales increased 18 % to $ 903 million EBITDA rose 50 % to a new record of $ 180 million , or a margin of 20 % Net income reached $ 115 million , or $ 1.76 per share Solid financial position with a net debt - to - EBITDA ratio of 1.7x Annual 2021 EBITDA forecast revised to $ 410 to $ 440 million Ⓡ Montreal , Quebec – August 3 , 2021 Stella - Jones Inc. ( TSX : SJ ) ( " Stella - Jones " or the " Company " ) today announced financial results for its second quarter ended June 30 , 2021 . " We are very pleased with our second quarter performance , which included strong sales growth in each of our product categories . Volume gains in utility poles and railway ties , combined with unprecedented high market prices of lumber , drove sales to over $ 900 million and EBITDA to a record quarter , " stated Éric Vachon , President and CEO of Stella - Jones . " These results allowed us to generate operating cash flows of $ 173 million , reduce the indebtedness related to the seasonal investment in working capital in the first quarter and return $ 38 million to shareholders during the quarter . While we have revised the full - year EBITDA forecast to reflect the normalization of lumber market conditions , we foresee solid EBITDA growth in 2021 and are confident that our leading utility poles and railway ties core product categories will continue to deliver sustained growth . With our financial strength , scale and focus on execution and innovation , we are uniquely positioned to capitalize on growth opportunities and generate solid returns for our shareholders , " concluded Mr. Vachon .