“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
Celebrating over 165 years
 |
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
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
 |
- 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.
- 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
Stuart Auld, Chief Financial Officer