Transcription of A CONSISTENT FORCE - Stella-Jones
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A CONSISTENT FORCE - Stella-Jones
A CONSISTENT2016 ANNUAL REPORTFORCE2016 ANNUAL REPORTSTELLA-JONESCONSISTENCY HAS BEEN PARAMOUNT FOR THE LAST16 FACTORS CONTRIBUTING TO THE STEADY INCREASE IN SHAREHOLDER VALUE AT Stella-Jones OVER THE LAST SIXTEEN YEARS ARE EASILY IDENTIFIABLE. IN EACH OF THOSE YEARS, THE COMPANY ADHERED STRICTLY TO ITS CORE COMPETENCE WHILE PURSUING A DISCIPLINED STRATEGY OF EXPANSION THEREBY ANNUALLY GENERATING HIGHER LEVELS OF REVENUE AND PROFIT. THE CONSISTENT AND DEDICATED FOCUS OF Stella-Jones HAS MADE THE COMPANY A PRINCIPAL SUPPLIER THROUGHOUT NORTH Annual ReportA CONSISTENT RETURN TO INVESTORS FOR THE YEARS ENDED DECEMBER 31 2016 2015 2014 2013 2012 (millions of dollars, except per share data and ratios) $ $ $ $ $ OPERATING RESULTS Sales 1, 1, 1, 1, Operating income 1 Net income FINANCIAL POSITION Working capital Total assets 1, 1, 1, 1, Total debt 2 Shareholders equity 1, PER SHA
2 S-J . A CONSISTENT PACE 2016 HIGHLIGHTS • 2016 marked the sixteenth consecutive year of growth in both sales and net income for Stella-Jones. • The Company pursued its strategy of geographic expansion through
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