Operator
Good morning, girls and gents, and welcome to the 2025 Third Quarter Outcomes for Russel Metals.
In the present day’s name might be hosted by Mr. Martin Juravsky, Government Vice President and Chief Monetary Officer; and Mr. John Reid, President and Chief Government Officer of Russel Metals Inc. [Operator Instructions]
I’ll now flip the assembly over to Mr. Martin Juravsky. Please go forward, Mr. Juravsky. Thanks.
Martin Juravsky
Government VP, CFO & Secretary
Nice. Thanks, operator. Good morning, everybody.
I will be offering an outline of the Q3 2025 outcomes. And if you wish to observe alongside, I will be utilizing the slides which can be on our web site. Simply go to the Investor Relations part, and it is positioned within the convention name submenu.
In case you go to Web page 3, you may learn our cautionary assertion on forward-looking info.
So let me begin with a bit perspective on the quarter that is outlined on Web page 5. If we take a look at the primary 9 months of this 12 months or trailing 12-month intervals, we’ve delivered an enchancment in development line outcomes. I will speak extra about this on one other slide. However in abstract, for the primary 9 months of 2025 as in comparison with the primary 9 months of 2024, we generated a ten% enhance in revenues, a 100 foundation level pickup in gross margins and a 13% pickup in EBITDA. It is a reflection of the impacts from our latest capital