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Bri-Chem Management Says Lower Salary, SG&A Costs Drive Q3 2026 Adjusted EBITDA Increase

PUBT·11/13/2026 17:18:24
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Bri-Chem Management Says Lower Salary, SG&A Costs Drive Q3 2026 Adjusted EBITDA Increase
  • Bri-Chem’s management commentary attributed Q3 2026 earnings improvement to lower salaries and SG&A expenses, partly offset by weaker margins.
  • Net earnings rose to CAD 423,000 from CAD 160,000; adjusted EBITDA increased to CAD 925,000 from CAD 836,000.
  • Sales increased 1% to CAD 18.35 million, driven by US blending and packaging growth, partly offset by distribution declines.
  • Gross margin fell CAD 505,000 as below-cost oil-based mud liquidation in US distribution outweighed improved margins elsewhere.
  • Salaries declined CAD 321,000 on reduced headcount; SG&A fell CAD 263,000, reflecting a CAD 445,000 gain on asset disposals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bri-Chem Corp. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.