Atlas Engineered Products Reports First Quarter 2025 Financial and Operating Results, Including YoY Revenue Increase of 21%

Atlas Engineered Products
May 27, 2025
Category: Finance & Economics
Region: Canada, Canada West

Nanaimo, BC Atlas Engineered Products is pleased to announce its financial and operating results for the three months ended March 31, 2025. All amounts are presented in Canadian dollars. 

  • Revenue of $11M, representing an increase of 21% year-over-year
  • Wall Panel revenue increased by 42% year-over-year
  • Engineered Wood Products revenue increased by 30% year-over-year
  • Adjusted EBITDA of $586,666, representing an increase of 137% year-over-year

Hadi Abassi, President and CEO of AEP, commented: “Despite the housing start statistics and convoluted political and economic climates, the Company delivered a 21% increase in revenue over last year and worked diligently to drive organic growth in wall panels and engineered wood products, in addition to increasing production on roof trusses. I am encouraged by the start of 2025 to continue our organic growth initiatives across Canada and strategic acquisitions that will further strengthen our geographical footprint.”

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