Overview

* Mattr ( MTTRF ) Q2 revenue rises 33% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 beats estimates, while adjusted EPS misses, per LSEG data

* Co completes strategic transformation with sale of last pipe coating subsidiary

Outlook

* Company expects Q3 2025 revenue and EBITDA to be below Q2 2025

* Mattr ( MTTRF ) anticipates tariffs to increase costs for wire and cable products

* Company sees Shawflex and AmerCable revenue below Q2 2025 levels

* Mattr expects DSG-Canusa Q3 2025 sales similar to Q2 2025

Result Drivers

* CONNECTION TECHNOLOGIES - Segment revenue surged 99% to C$177 mln, driven by AmerCable acquisition and higher sales of Xerxes products

* COMPOSITE TECHNOLOGIES - Segment revenue fell 5% to C$144 mln, impacted by lower sales of composite pipe for international customers

* STRATEGIC TRANSFORMATION - Completion of North American production footprint MEO projects and sale of Thermotite subsidiary finalized strategic shift

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat C$321 C$312.90

Revenue mln mln (5

Analysts

)

Q2 Miss C$0.12 C$0.15

Adjusted (5

EPS Analysts

)

Q2 Beat C$42 mln C$37.90

Adjusted mln (7

EBITDA Analysts

)

Q2 C$10 mln

Income

from

Operatio

ns

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

* Wall Street's median 12-month price target for Mattr Corp ( MTTRF ) is C$14.50, about 16.3% above its August 12 closing price of C$12.14

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)