News
Aug 8, 2024

TSX Symbol: WJX Stronger Equipment Sales Contribute to Inventory Reduction as ERP System Implementation Reaches Major Milestone TORONTO, August 8, 2024 /CNW/ - Wajax Corporation ("Wajax" or the...

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Investor Presentation
Executive Quote

“During its 165th year in business, Wajax delivered record revenue and adjusted earnings, up 10% and 19%, respectively, and finished the year with a robust backlog that was up 18% over last year. As a result, we generated strong value for shareholders, which included a 32% increase in the quarterly dividend announced early in the year, followed by a further 6% increase in early 2024.”

Iggy Domagalski, President and Chief Executive Officer

Featured Video

Celebrating over 165 years

Wajax at a Glance

We are proud to be one of Canada’s longest-standing and most diversified industrial products and services providers. We operate an integrated distribution system providing sales, parts and services to a broad range of customers in diverse sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas. Wajax trades on the Toronto Stock Exchange (TSX).

  • 166-year operating history
  • 119 branches coast-to-coast
  • A broad range of industrial products and services
  • Diverse market and sector experience
Our Purpose and Values

Empowering People to BUILD A BETTER TOMORROW

  • WE COMMIT
    to safety &
    well-being

  • WE DEVELOP
    potential & expertise

  • WE DELIVER
    an exceptional experience together

  • WE BUILD
    lasting relationships

  • WE STRIVE
    to continuously improve

Our Strategic Priorities
  • Continue to build a "people first" company.
  • Grow our existing business with a focus on parts, service, and margin improvement.
  • Unlock the potential of our enhanced direct relationship with Hitachi. 
  • Acquire Industrial Parts and ERS businesses.
  • Improve our cost structure and processes.
  • Continue ERP system roll-out and technology improvements.
Financial Highlights
  • Sustainable Revenue Growth of 45%*
  • 125% Growth in Net Earnings*
  • 250bps Improvement in Gross Profit Margin*
  • 133% Total Shareholder Return*
  • 32% Increase in Quarterly Dividend*

​* For the period of Jan. 1 2019 to Dec. 31, 2023

Investor Alerts
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Investor Contact

Stuart Auld, Chief Financial Officer

sauld@wajax.com

Transfer Agent

Computershare Investor Services Inc.

1 800 564 6253

www.computershare.com