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REPEAT – Supremex Announces Date of Its 2025 Second Quarter Results Conference Call
Globenewswire· 2025-08-06 12:30
Core Viewpoint - Supremex Inc. is set to release its second quarter results for the period ending June 30, 2025, on August 7, 2025, before market opening, followed by a conference call to discuss these results [1]. Company Overview - Supremex is a leading North American manufacturer and marketer of envelopes and is expanding its offerings in paper-based packaging solutions [3]. - The company operates nine manufacturing facilities across four provinces in Canada and five facilities in three states in the United States, employing approximately 900 people [3]. - Supremex has a robust network that enables efficient manufacturing and distribution of envelope and packaging solutions tailored to the needs of major corporations, direct mailers, resellers, government entities, SMEs, and solutions providers [3]. Conference Call Details - A live broadcast of the conference call will be available on the company's website under the Investors section [2]. - Participants are encouraged to call in at least 5 minutes before the scheduled start time, with specific numbers provided for local, North American, and international participants [2]. - A replay of the conference call will be accessible on the company's website and through designated phone numbers until August 14, 2025 [2].
Supremex Announces Date of Its 2025 Second Quarter Results Conference Call
Globenewswire· 2025-07-24 12:30
Company Overview - Supremex Inc. is a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions [3] - The company operates nine manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States, employing approximately 900 people [3] Upcoming Financial Results - Supremex will release its results for the second quarter ended June 30, 2025, before markets open on August 7, 2025 [1] - A conference call to discuss these results will be held on the same day at 10:00 a.m. (Eastern Time) [1] Conference Call Details - A live broadcast of the conference call will be available on the company's website in the Investors section under Webcast [2] - Participants are encouraged to call in at least 5 minutes prior to the scheduled start time [2] - A replay of the conference call will be available on the company's website until August 14, 2025 [2]
Supremex Completes Sale-Leaseback of Two Properties
Globenewswire· 2025-07-10 11:00
Core Viewpoint - The transaction completed by Supremex Inc. unlocks significant value for shareholders and enhances the company's financial flexibility to execute its business strategy and return value to shareholders [1][3]. Group 1: Transaction Details - Supremex completed a sale-leaseback transaction for its two owned properties, generating gross proceeds of $53.0 million, subject to post-closing adjustments [1][2]. - The properties sold are located in LaSalle, Quebec, and Etobicoke, Ontario, which house the company's primary envelope sales and manufacturing facilities [2]. - Supremex entered into lease agreements for an initial term of 10 years with three five-year renewal options at fair market rent [2]. Group 2: Financial Impact - The transaction significantly strengthens Supremex's balance sheet and provides greater financial flexibility, which, combined with strong free cash flow generation, will support the company's strategic objectives and profitable growth [3]. Group 3: Company Overview - Supremex is a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, operating ten manufacturing facilities in Canada and five in the United States, employing approximately 900 people [4].
Supremex Reports Voting Results from its Annual General Meeting
Globenewswire· 2025-05-09 11:00
Core Viewpoint - Supremex Inc. held its Annual General Meeting of Shareholders on May 8, 2025, where significant voting results were announced regarding the election of directors and the appointment of auditors [1]. Voting Results - A total of 12,310,101 common shares were voted, representing 50.12% of all outstanding shares [2]. - All directors' nominees were elected with the following support percentages: - Nicole Boivin: 99.30% For, 0.70% Against - Stewart Emerson: 99.64% For, 0.36% Against - Robert B. Johnston: 99.60% For, 0.40% Against - Dany Paradis: 99.38% For, 0.62% Against - Paul V. Reilly: 99.22% For, 0.78% Against - Steven P. Richardson: 99.22% For, 0.78% Against - Warren J. White: 98.42% For, 1.58% Against [2]. Appointment of Auditors - Ernst and Young LLP were appointed as auditors of the Company, with 99.73% of votes cast in favor and 0.27% withheld regarding their appointment [3]. Company Overview - Supremex is a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, operating nine manufacturing facilities in Canada and five in the United States, employing approximately 900 people [4]. - The Company serves a diverse clientele, including major national and multinational corporations, direct mailers, resellers, government entities, SMEs, and solutions providers [4].
Supremex Announces Results for the First Quarter of 2025 and its Intention to Renew Normal Course Issuer Bid (“NCIB”)
Globenewswire· 2025-05-08 11:00
Core Viewpoint - Supremex Inc. reported its first-quarter financial results for 2025, showing a decline in revenue and net earnings compared to the same period in 2024, but highlighted growth in its packaging segment and ongoing strategic initiatives to enhance profitability and market position [1][4][6]. Financial Highlights - Total revenue for Q1 2025 was $70.2 million, down 4.1% from $73.3 million in Q1 2024 [6][7]. - Operating earnings decreased to $3.8 million from $5.8 million year-over-year [3]. - Adjusted EBITDA was $8.8 million, representing a margin of 12.6%, compared to $10.5 million and 14.3% in the previous year [3][10]. - Net earnings were $1.9 million, or $0.08 per share, down from $3.5 million, or $0.14 per share, in Q1 2024 [6][14]. Segment Performance - Envelope segment revenue was $48.4 million, a decrease of 9.4% from $53.4 million in Q1 2024, primarily due to an 11.0% drop in average selling prices [8]. - Packaging and Specialty Products segment revenue increased by 9.9% to $21.8 million, driven by higher demand for e-commerce packaging solutions [9]. Cash Flow and Debt - Net cash flows from operating activities were $7.0 million, up from $5.1 million in Q1 2024, attributed to a working capital release [16]. - Free cash flow amounted to $6.8 million, compared to $4.7 million in the same period last year [17]. - Total debt decreased to $38.0 million as of March 31, 2025, down from $43.1 million at the end of 2024, with a net debt to adjusted EBITDA ratio of 0.9x [18]. Dividend Declaration - The Board of Directors declared a quarterly dividend of $0.05 per common share, payable on June 20, 2025, to shareholders of record as of June 5, 2025 [19]. Outlook - The company anticipates gradual normalization of product demand following challenging market conditions in 2023 and 2024, while acknowledging ongoing economic volatility and trade uncertainties [20]. - Supremex aims to enhance operational efficiency and pursue strategic acquisitions, particularly in the Packaging & Specialty Products segment [21][22].
REPEAT – Supremex Announces Date of Its 2025 First Quarter Results Conference Call and Annual Meeting of Shareholders
Globenewswire· 2025-05-07 12:30
Company Overview - Supremex Inc. is a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions [4] - The company operates nine manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States, employing approximately 900 people [4] Upcoming Events - Supremex will release its results for the first quarter ended March 31, 2025, before markets open on May 8, 2025 [1] - A conference call to discuss these results will be held on the same day at 9:00 a.m. (Eastern Time) [1] - The annual meeting of shareholders will also take place on May 8, 2025, at 11:00 a.m. at the office of Stikeman Elliott LLP in Montreal, Quebec [3] Conference Call Details - A live broadcast of the conference call will be available on the company's website in the Investors section under Webcast [2] - Participants are encouraged to call in at least 5 minutes prior to the scheduled start time [2] - A replay of the conference call will be available on the company's website until May 15, 2025 [2]