CWX.TO - CanWel Building Materials Group Ltd.

Toronto - Toronto Delayed Price. Currency in CAD
3.5200
+0.0800 (+2.33%)
At close: 4:15PM EDT
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Previous Close3.4400
Open3.4000
Bid3.5000 x 0
Ask3.5200 x 0
Day's Range3.4000 - 3.5500
52 Week Range2.7300 - 5.7100
Volume85,362
Avg. Volume255,936
Market Cap273.973M
Beta (5Y Monthly)1.41
PE Ratio (TTM)14.85
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.56 (16.28%)
Ex-Dividend DateMar. 30, 2020
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    CanWel Announces Meeting Results for Election of Directors

    CanWel Building Materials Group Ltd. (“CanWel” or the “Company”) (TSX:CWX, CWX.NT.A) announced its director election results following its annual general meeting of shareholders, held May 14, 2020. Founded in 1989, CanWel is headquartered in Vancouver, British Columbia and trades on the Toronto Stock Exchange under the symbol CWX and is Canada’s only fully integrated national distributor in the building materials and related products sector.

  • GlobeNewswire

    CanWel Building Materials Announces First Quarter 2020 Financial Results

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX; CWX.NT.A) announced today its first quarter 2020 financial results(1) for the period ended March 31, 2020. Despite operations slowing down towards the end of March 2020 as a result of the COVID-19 pandemic, sales increased by $44.8 million or 15.9%, largely due to the inclusion of the results from Lignum Forest Products LLP (“Lignum”), which was acquired in April 2019, as well as the Company’s continuing focus on its product mix strategies and target customer base. The Company’s sales by product group in the quarter were made up of 62% construction materials, compared to 56% during the same period in 2019, with the remaining balance resulting from specialty and allied products of 32%, and forestry and other of 6%.

  • GlobeNewswire

    CanWel Building Materials Announces New Venue for Annual General Meeting of Shareholders

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX; CWX.NT.A) today announced that due to the public health impact of the coronavirus outbreak (COVID-19), the location of its Annual General Meeting of Shareholders (the “AGM”), to be held on Thursday, May 14, 2020 at 1:00 p.m. PT, has been changed to the Company’s head office at 1600 – 1100 Melville Street, Vancouver, British Columbia. CanWel distributes a wide range of building materials, lumber, renovation and electrical products.

  • GlobeNewswire

    CanWel Building Materials to Issue First Quarter 2020 Financial Results May 14, 2020

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX, CWX.NT.A) is pleased to announce that it will report its first quarter 2020 financial results for the period ended March 31, 2020, after market hours on May 14, 2020. Amar Doman, Chairman of the Board and Chief Executive Officer, and James Code, Chief Financial Officer, will discuss the Company’s financial performance for the period ended March 31, 2020. Founded in 1989, CanWel is headquartered in Vancouver, British Columbia and trades on the Toronto Stock Exchange under the symbol CWX and is Canada’s only fully integrated national distributor in the building materials and related products sector.

  • GlobeNewswire

    CANWEL BUILDING MATERIALS ANNOUNCES QUARTERLY DIVIDEND

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX; CWX.NT.A) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.14 per share, for the 32nd consecutive quarter, which will be paid on April 15, 2020, to shareholders of record on March 31, 2020. Founded in 1989, CanWel is headquartered in Vancouver, British Columbia and trades on the Toronto Stock Exchange under the symbol CWX and is Canada’s only fully integrated national distributor in the building materials and related products sector. CanWel operates: multiple treating plant and planing facilities in Canada and the United States; distribution centres coast-to-coast in all major cities and strategic locations across Canada; in the United States near Portland, Oregon, San Francisco and Los Angeles, California and in 14 locations in the State of Hawaii through its wholly owned Honsador Building Products Group.

  • GlobeNewswire

    CANWEL BUILDING MATERIALS REPORTS 2019 FINANCIAL RESULTS

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX; CWX.NT.A) announced today its fourth quarter and full year 2019 financial results(1) for the period ended December 31, 2019. Company sales by product group in the year were made up of 58% construction materials, which is comparable to the same period in 2018, with the remaining balance resulting from specialty and allied products of 35%, and forestry and other of 7%. For 2019, gross margin decreased by 0.5% to $191.9 million, compared to $192.9 million during the corresponding period in 2018.

  • GlobeNewswire

    CanWel Building Materials to Issue Fourth Quarter and Full Year 2019 Financial Results March 11, 2020  

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX, CWX.NT.A) is pleased to announce that it will report its fourth quarter and full year 2019 financial results for the period ended December 31, 2019, after market hours on March 11, 2020. The Company will host an analyst call the following day, Thursday, March 12, 2020 at 11:00 am ET. Amar Doman, Chairman of the Board and Chief Executive Officer, and James Code, Chief Financial Officer, will discuss the Company’s financial performance for the period ended December 31, 2019.

  • GlobeNewswire

    CanWel Building Materials Group Renews and Extends Senior Revolving Banking Facility

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX, CWX.NT.A) is pleased to announce the early renewal of its senior revolving credit facility with its lender and agent, Wells Fargo Capital Finance Corporation (Canada) and CIBC, Royal Bank and TD as syndicate lenders. CanWel has renewed and increased its senior revolving banking facility to $360 million, for an additional five year term to December 6, 2024. Simultaneously, CanWel is pleased to advise that it has also renewed and extended its existing senior term loan facility with CIBC(1), which now matures on the same date as the senior revolving loan facility.

  • GlobeNewswire

    CanWel Building Materials Group Ltd. Announces Normal Course Issuer Bid

    CanWel Building Materials Group Ltd. (“CanWel” or the “Company”) (CWX.TO) announced that The Toronto Stock Exchange (“TSX”) has accepted today CanWel’s notice of intention to proceed with a normal course issuer bid through the facilities of the TSX. CanWel intends to purchase for cancellation up to 5,995,340 of its common shares by way of a normal course issuer bid through the facilities of the TSX.

  • GlobeNewswire

    CanWel Building Materials Announces Third Quarter 2019 Financial Results

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX; CWX.NT.A) announced today its third quarter 2019 financial results(1) for the period ended September 30, 2019. As a result of the foregoing factors, net earnings for the quarter ended September 30, 2019 were $6.4 million compared to net earnings of $8.5 million in the same quarter of 2018.

  • GlobeNewswire

    CanWel Building Materials to Issue Third Quarter 2019 Financial Results November 7, 2019

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX, CWX.NT.A) is pleased to announce that it will report its third quarter 2019 financial results for the period ended September 30, 2019, after market hours on November 7, 2019. The Company will host an analyst call the following day, Friday, November 8 at 11:00 am ET. Amar Doman, Chairman of the Board and Chief Executive Officer, and James Code, Chief Financial Officer, will discuss the Company’s financial performance for the period ended September 30, 2019.

  • GlobeNewswire

    CanWel Building Materials Announces Second Quarter 2019 Financial Results

    For the three-month period ended June 30, 2019(1), consolidated revenues increased by 0.9% to $385.7 million when compared to $382.1 million in the same period in 2018.  Sales for the Distribution segment increased by $2.8 million or 0.7%, largely due to the inclusion of the results from the Lignum Acquisition in 2019 and the Company’s 2018 acquisitions, and the Company’s continuing focus on its product mix strategies and target customer base. The Company’s sales by product group in the quarter were made up of 62% construction materials, compared to 63% last year, with the remaining balance resulting from specialty and allied products of 31%, and forestry and other of 7%. Gross margin dollars were lower by 6.0% at $54.4 million, compared to $57.9 million during the corresponding period in 2018.  Gross margin percentage was also lower at 14.1% of revenues versus 15.1% during the same period in 2018.  The decrease in margin dollars and margin percentage is mainly attributable to the aforementioned downward trend in construction material pricing, which was partially offset by the inclusion of the results from the Lignum Acquisition in 2019 and the Company’s previously completed acquisitions.

  • GlobeNewswire

    CanWel Building Materials to Issue Second Quarter 2019 Financial Results August 1, 2019

    CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX, CWX.NT.A) is pleased to announce that it will report its second quarter 2019 financial results for the period ended June 30, 2019, after market hours on August 1, 2019. The Company will host an analyst call the following day, Friday, August 2 at 10:00 am ET. Amar Doman, Chairman of the Board and Chief Executive Officer, and James Code, Chief Financial Officer, will discuss the Company’s financial performance for the period ended June 30, 2019.