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Russel Metals Announces 2023 Annual & Fourth Quarter Results

Newswire.ca - Thu Feb 8, 4:01PM CST

TORONTO, Feb. 8, 2024 /CNW/ - Russel Metals Inc. (TSX: RUS) announces financial results for the fourth quarter and the year ended December 31, 2023.

Revenues of $4.5 Billion in 2023 and $1.0 Billion in Q4 2023
EBITDA1 of $426 Million in 2023 and $82 Million in Q4 2023
Generated $146 Million of Cash from Working Capital1 in 2023 and $82 Million in Q4 2023
Advancing Capital Investment Growth Initiatives
Repurchased $82 Million of Shares in 2023; Declared a Quarterly Dividend of $0.40 per Share
Strong Capital Structure with Liquidity1 of $1.0 Billion

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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