Decisive Dividend Q2 2026 earnings pressured by higher operating costs despite sales growth, company says
Reuters2026/07/30 00:07- For the six months ended June 30, 2026, sales rose to CAD 76.4 million from CAD 75.4 million; Adjusted EBITDA fell to CAD 11.85 million from CAD 12.31 million.
- Finished Product segment drove growth, led by higher hearth, agriculture, merchandising sales; Be Fire added one month of revenue post-acquisition.
- Component Manufacturing sales declined on weaker industrial demand tied to certain oil and gas, commercial vehicle customers; wear parts demand held up.
- Operating expenses increased on acquisition-related scale, variable selling costs, succession planning, shared-services investment; net profit fell to CAD 572,000 from CAD 3.02 million.
- Free cash flow decreased to CAD 6.63 million from CAD 7.02 million; trailing 12-month dividend payout ratio rose to 83% from 74%.
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