Core Insights - Supremex Inc. reported third-quarter results for 2025, showing a decrease in revenue but significant improvements in net earnings and cash flow due to strategic actions like a sale and leaseback transaction [1][2][3] Financial Highlights - Total revenue for Q3 2025 was $65.7 million, down 5.3% from $69.4 million in Q3 2024 [3][6] - Operating earnings improved to $1.3 million from a loss of $22.6 million in the same quarter last year [3] - Adjusted EBITDA was $6.2 million, with a margin of 9.4%, compared to $7.9 million and 11.4% in Q3 2024 [3][11] - Net earnings were $9.1 million, or $0.37 per share, compared to a net loss of $23.0 million, or a loss of $0.92 per share, in Q3 2024 [3][18] Segment Performance Envelope Segment - Revenue for the Envelope segment was $45.1 million, down 5.0% from $47.5 million in Q3 2024, primarily due to a 4.2% decrease in average selling prices and a 0.8% decline in volume [7][8] - The Envelope segment accounted for 68.7% of total revenue in Q3 2025 [7] Packaging & Specialty Products Segment - Revenue for this segment was $20.6 million, a decrease of 6.0% from $21.9 million in Q3 2024, mainly due to lower revenue from commercial printing [9][10] - The segment represented 31.3% of total revenue in Q3 2025 [9] Cash Flow and Debt Management - Free cash flow for Q3 2025 was $53.0 million, significantly up from $7.4 million in Q3 2024, largely due to proceeds from the sale and leaseback transaction [22] - Total debt decreased to $11.7 million as of September 30, 2025, from $43.1 million at the end of 2024, reflecting effective debt repayment strategies [23] Dividend and Shareholder Returns - A special dividend of $0.50 was paid to shareholders on September 25, 2025, following the sale and leaseback transaction [4] - The Board declared a quarterly dividend of $0.05 per common share, payable on December 19, 2025 [24] Outlook and Strategic Focus - The company aims to optimize operational efficiency and continue pursuing acquisitions, particularly in the Packaging and Specialty Products segment [25][26] - Supremex is focused on maintaining a strong balance sheet to support long-term growth and shareholder returns [5]

Core Points - Supremex Inc. will release its third quarter results for the period ending September 30, 2025, on November 6, 2025, before market opening [1] - A conference call to discuss the results will take place on the same day at 10:00 a.m. Eastern Time [1] Company Overview - Supremex 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 facilities in three states in the United States, employing approximately 900 people [3] - Supremex has an extensive network that allows efficient manufacturing and distribution of envelope and packaging solutions tailored to major national and multinational corporations, direct mailers, resellers, government entities, SMEs, and solutions providers [3]

Core Viewpoint - Supremex Inc. announced the passing of Mr. Warren J. White, a director of the Company since 2014, highlighting his significant contributions and leadership experience in the industry [1][2][3]. Company Overview - Supremex 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 facilities in four states in the United States, employing approximately 900 people [4]. - Supremex's extensive network enables efficient manufacturing and distribution of envelope and packaging solutions tailored to major national and multinational corporations, direct mailers, resellers, government entities, SMEs, and solutions providers [4]. Leadership and Contributions - Mr. Warren J. White brought a wealth of experience from his distinguished career, including senior leadership roles at large international manufacturing organizations such as CGI, Alcan, Dominion Textiles, and Lafarge [2]. - His expertise encompassed various areas including information technology, finance, procurement, and strategic planning [2]. - The Company expressed deep sympathies to Mr. White's family, acknowledging his dedication and commitment as a director [3].

Core Insights - Supremex Inc. has appointed Normand Macaulay as Chief Financial Officer and Corporate Secretary, effective September 15, 2025 [1] Group 1: Leadership Appointment - Normand Macaulay brings over 20 years of leadership experience in finance and operations within the manufacturing and distribution sectors [2] - Prior to joining Supremex, Mr. Macaulay served as CFO of Nitrex and held senior finance roles at Wajax Corporation, Accent-Fairchild Group Inc., and KPMG Canada [2] - The President and CEO of Supremex expressed confidence in Mr. Macaulay's ability to drive operational excellence and profitable growth [4] Group 2: Company Overview - Supremex is a leading North American manufacturer and marketer of envelopes and is expanding its paper-based packaging solutions [5] - The company operates nine manufacturing facilities in Canada and five in the United States, employing approximately 900 people [5] - Supremex's extensive network enables efficient manufacturing and distribution tailored to major corporations, direct mailers, resellers, government entities, SMEs, and solutions providers [5]

Core Viewpoint - Supremex Inc. reported mixed financial results for the second quarter of 2025, with a decline in revenue primarily from the envelope segment, while the packaging segment showed growth. The company also announced a special dividend and the renewal of its normal course issuer bid to enhance shareholder value [1][5][7]. Financial Highlights - Total revenue for Q2 2025 was $66.0 million, down 4.9% from $69.3 million in Q2 2024 [8]. - Envelope segment revenue decreased by 11.5% to $43.8 million, while the Packaging & Specialty Products segment revenue increased by 11.6% to $22.2 million [5][11]. - Adjusted EBITDA for Q2 2025 was $5.8 million, representing an adjusted EBITDA margin of 8.8%, down from 13.0% in the previous year [13][14]. Earnings and Losses - The company reported a net loss of $0.3 million or $0.01 per share for Q2 2025, compared to net earnings of $2.0 million or $0.08 per share in Q2 2024 [21][22]. - Adjusted net earnings were $0.1 million or $0.00 per share for Q2 2025, down from $2.1 million or $0.08 per share in the same quarter last year [21][23]. Cash Flow and Debt - Net cash flows from operating activities were $0.3 million in Q2 2025, a significant decrease from $10.2 million in Q2 2024 [24]. - Free cash flow was negative $41 thousand in Q2 2025, compared to positive $10.9 million in the same period last year [26]. - Total debt decreased to $40.6 million as of June 30, 2025, down from $43.1 million at the end of 2024 [27]. Dividend Declarations - The Board of Directors declared a special dividend of $0.50 per common share, payable on September 25, 2025, and a quarterly dividend of $0.05 per common share, payable on September 19, 2025 [28][29]. Recent Acquisitions - Supremex acquired Trans-Graphique, a provider of folding carton packaging solutions, and Enveloppe Laurentide, a provider of envelopes in Eastern Canada, to enhance its product offerings [38][40]. Outlook - The company anticipates continued demand normalization for its products, but faces challenges from economic volatility, trade uncertainties, and labor issues [41]. - Supremex aims to optimize operational efficiency and capture synergies from recent acquisitions while maintaining capital returns to shareholders [42].

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].

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]

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].

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].

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].