Overview

* Tree Island Q3 revenue fell due to U.S. tariffs, impacting sales to the U.S.

* Adjusted EBITDA improved to C$0.2 mln from C$6 thousand last year

* Net loss widened to C$2.1 mln from C$1.8 mln in Q3 2024

Outlook

* Tree Island Steel ( TWIRF ) did not provide specific future guidance in its press release

Result Drivers

* U.S. TARIFFS - Co says U.S. tariffs reduced sales to the U.S., impacting revenue

* CANADIAN SALES - Increased sales within Canada partially mitigated impact of U.S. tariffs

* COST MANAGEMENT - Headcount and cost reductions improved adjusted EBITDA despite lower production volumes

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 C$38.72

Revenue mln

Q3 EPS -C$0.08

Q3 Net -C$2.14

Income mln

Q3 C$201,00

Adjusted 0

EBITDA

Q3 Gross C$1.81

Profit mln

Q3 -C$1.1

Operatin mln

g Income

Q3 -C$2.14

Pretax mln

Profit

Press Release:

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(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.)