---
title: "Canada's Tree Island Steel Q4 revenue falls sharply, suspends dividend"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278980352.md"
datetime: "2026-03-13T03:56:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278980352.md)
  - [en](https://longbridge.com/en/news/278980352.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278980352.md)
---

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# Canada's Tree Island Steel Q4 revenue falls sharply, suspends dividend

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Overview

-   Canada wire products maker’s Q4 revenue fell sharply yr/yr due to lower U.S. sales volumes
-   Company posted a Q4 net loss and negative adjusted EBITDA
-   Dividend suspended for 2026 after cost cuts and 27% workforce reduction in 2025

Outlook

-   Tree Island Steel has suspended dividend payments in 2026 due to ongoing economic uncertainty
-   Company says it will continue to focus on Canadian market amid U.S. tariff challenges

Result Drivers

-   U.S. TARIFFS - Co said expanded U.S. tariffs on wire and wire products drove lower U.S. sales volumes in Q4
-   PRODUCT LINE EXIT - Strategic withdrawal from unprofitable product lines contributed to revenue decline
-   CANADIAN SALES GROWTH - Continued growth in Canadian sales partially offset declines, per COO Nancy Davies Company press release:

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

### Q4 C$34.31

Revenue mln

### Q4 EPS -C$0.13

Q4 Net -C$3.33

Income mln

### Q4 -C$1.54

Adjusted mln

### EBITDA

Q4 Gross -C$166,0

Profit 00

### Q4 -C$2.96

Operatin mln

g Income

### Q4 -C$4.44

Pretax mln

Profit For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (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.)

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