Overview

* Russel Metals Q2 2025 revenue grows 3% from Q1, reaching C$1.2 bln

* Company's EBITDA rises 26% from Q1, reaching C$108 mln

* EPS increases 43% from Q1 to $1.07, reflecting improved performance

Outlook

* Russel Metals ( RUSMF ) expects margin moderation in Q3 due to inventory costs

* Company anticipates seasonal shipment reduction in Q3 2025

* Russel Metals ( RUSMF ) sees medium-term benefits from U.S. manufacturing growth

* Energy field stores expected to gain market share in 2025

Result Drivers

* HIGHER METAL PRICES - Co attributes revenue growth to higher metal prices and steady demand

* ENERGY SEGMENT IMPROVEMENT - Energy field store segment saw higher revenues and margins due to improving conditions

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS C$1.07

Q2 Net C$60.40

Income mln

Q2 EBIT C$84.60

mln

Q2 C$107.80

EBITDA mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the iron & steel peer group is "buy"

* Wall Street's median 12-month price target for Russel Metals Inc ( RUSMF ) is C$53.25, about 18.4% above its August 6 closing price of C$43.47

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

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.)