Stella-Jones Targets $100 Million in Cost Savings Over Three Years
During the Q3 2026 earnings call, Stella-Jones (SJ:CA) management addressed recent operational pressures caused by elevated fuel costs. CEO Eric Vachon emphasized that while these expenses impacted short-term results, the company is maintaining a disciplined focus on execution and long-term strategic goals. The company has outlined an ambitious cost-reduction plan aiming for up to $100 million in savings over a three-year period. Additionally, Stella-Jones is working toward reaching full operational capacity at its Candiac facility, with a target run rate expected by the end of Q1 2027.
Tickers: $STLJF
Topics: earnings report fuel costs management outlook operational costs