Taiga Building Products reports Q1, 2025 net earnings of $9.8 million

By Taiga Building Products Ltd.
Cision Newswire
May 9, 2025
Category: Finance & Economics
Region: Canada, Canada West

BURNABY, BC – Taiga Building Products reported its financial results for the three months ended March 31, 2025 and 2024. …The Company’s consolidated net sales for the quarter ended March 31, 2025 were $400.0 million compared to $393.6 million over the same period last year. The slight increase in sales by $6.3 million or 2% was largely due to a higher average pricing as well as product mix.  Net earnings for the quarter ended March 31, 2025 decreased to $9.8 million from $12.8 million over the same period last year primarily due to decreased gross margin. EBITDA for the quarter ended March 31, 2025 was $16.7 million compared to $19.8 million for the same period last year.

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