Supremex's Packaging Shift Accelerates in Q3 2026: Packaging Revenue up 44.4%, Envelope Revenue up 3.2% with Consolidated Revenue up 16.1%

(TSX:SXP) Supremex Inc. reported total revenue of $76.2 million for the third quarter ended September 30, 2026, an increase of 16.1% from $65.7 million in the third quarter of 2025, marking the fourth consecutive quarter of year-over-year revenue growth. Net earnings for the quarter were $0.5 million, or $0.02 per share, compared to $9.1 million, or $0.37 per share, in the prior year, which included a $6.1 million gain on sale and leaseback and a $3.1 million income tax recovery. Adjusted EBITDA was $8.6 million, or 11.3% of revenue, up 38.5% from $6.2 million, or 9.4% of revenue, last year, despite approximately $1.0 million of tariff costs absorbed in the quarter. The Packaging & Specialty Products segment generated revenue of $29.7 million, up 44.4% from $20.6 million last year, with organic growth of 10.5%, and represented 38.9% of total revenue compared to 31.3% last year. Segment Adjusted EBITDA for Packaging & Specialty Products was $3.5 million, up 61.4% from $2.2 million, or 11.8% of segment revenue versus 10.5% last year, despite a $0.4 million loss for commercial print activities. The Envelope segment reported revenue of $46.5 million, up 3.2% from $45.1 million last year, and Segment Adjusted EBITDA of $7.7 million, or 16.5% of segment revenue, up from $5.3 million, or 11.8%, last year, despite absorbing approximately $1.0 million of tariff costs. Net cash flows related to operating activities were $8.4 million and Adjusted free cash flow was $5.2 million, compared to $(0.6) million and $0.1 million, respectively, in the third quarter of 2025. On October 6, 2026, Supremex announced a restructuring plan involving the elimination of approximately 60 positions, expected to generate annualized cost savings of approximately $5.7 million, with the full run-rate expected during the first quarter of 2027. On November 4, 2026, the Board of Directors declared a quarterly dividend of $0.05 per common share, payable on December 18, 2026, to shareholders of record at the close of business on December 3, 2026. For the nine-month period ended September 30, 2026, total revenue was $222.6 million, up $20.8 million, or 10.3%, from the equivalent period of 2025. Packaging & Specialty Products segment revenue for the nine months was $80.1 million, up $15.5 million, or 24.1%, from $64.5 million in 2025. Envelope segment revenue for the nine months was $142.6 million, up $5.2 million, or 3.8%, from $137.3 million in 2025. EBITDA for the third quarter was $8.2 million, or 10.8% of revenue, compared to $12.2 million, or 18.6% of revenue, in the third quarter last year, which included the $6.1 million gain on sale and leaseback. Adjusted net earnings for the quarter were $0.8 million, or $0.03 per share, compared to $4.7 million, or $0.19 per share, in 2025. For the nine months, net earnings were $2.3 million, or $0.09 per share, compared to $10.7 million, or $0.44 per share, last year. Adjusted net earnings for the nine months were $4.0 million, or $0.17 per share, compared to $6.9 million, or $0.28 per share, in 2025. Net cash flows from operating activities for the nine months were $11.8 million, compared to $6.7 million in 2025. Adjusted free cash flow for the nine months was $7.5 million, compared to $7.2 million in 2025. The company absorbed approximately $1.0 million of tariff costs in both the Packaging & Specialty Products and Envelope segments during the quarter. The company completed the acquisitions of Goldrich and iFlex in the second quarter of 2026, which contributed to revenue growth. The company also completed the Trans Graphique acquisition in the third quarter of 2025. The company cited efficiency gains from optimization initiatives and disciplined integration of tuck-in acquisitions as factors supporting margin expansion. The company is consolidating label and Montreal-area folding carton production into its Lachine facility. The company noted continued softness in the commercial print business, with revenue down $0.5 million in the quarter and $1.5 million for the nine months. The company reported a $0.4 million loss related to commercial print activities in the quarter and $1.1 million for the nine months. Corporate and other non-allocated expenses were $2.6 million in the quarter, up from $1.3 million in 2025, mainly due to the absence of a $0.7 million foreign exchange gain recorded in 2025 and higher salaries and benefits. The company stated that tariffs are a real headwind for the envelope business and that the restructuring plan is expected to generate approximately $5.7 million in annualized savings.

Supremex Announces Normal Course Issuer Bid

(TSX: SXP) Supremex Inc. announced that it has received approval from the Toronto Stock Exchange (the "TSX") to purchase by way of a normal course issuer bid ("NCIB"), for cancellation, up to 1,483,187 of its common shares, representing approximately 10.0% of its "public float" as of July 31, 2026. As at July 31, 2026, there were 24,310,444 issued and outstanding common shares, of which 14,831,875 common shares were comprising the public float. Purchases under the NCIB will be made through the facilities of the TSX and/or alternative trading systems in Canada, over a maximum period of 12 months beginning on August 11, 2026 and ending on August 10, 2027. The average daily trading volume of Supremex' common shares over the six completed calendar months prior to the date hereof is 14,551 common shares, and Supremex is entitled to purchase, on any trading day, up to 3,637 common shares. For the period from August 10, 2025 to July 31, 2026, Supremex repurchased 249,425 of its common shares at a weighted average price per share of $3.74. The TSX had approved the purchase of 1,507,850 common shares under a normal course issuer bid over the period from August 11, 2025 to August 10, 2026. The company projects the intended purchase for cancellation of common shares in the capital of the Company under the NCIB and the automatic share purchase plan.

Supremex Announces Results for the Second Quarter of 2026 and Declares a Quarterly Dividend

(TSX: SXP) Supremex Inc. announced its results for the second quarter ended June 30, 2026, reporting total revenue of $71.6 million, up 8.5% from $66.0 million in the second quarter of 2025. The Packaging & Specialty Products segment revenue was $26.4 million, up 19.0% from $22.2 million last year, while the Envelope segment revenue was $45.2 million, up 3.2% from $43.8 million a year ago. Net earnings were $1.0 million, or $0.04 per share, compared to a net loss of $0.3 million, or $0.01 per share, in the second quarter of 2025. Adjusted EBITDA was $7.8 million, or 10.9% of revenue, up 33.9% from $5.8 million, or 8.8% of revenue, last year. On June 5, 2026, Supremex acquired all outstanding shares of Goldrich Printpak Inc. for approximately $34.0 million, and on April 20, 2026, concluded the acquisition of Fantasia Printing Ltd for $1.7 million. The Board of Directors declared a quarterly dividend of $0.05 per common share, payable on September 11, 2026, to shareholders of record at the close of business on August 27, 2026. The company announced its intention to renew its normal course issuer bid program to purchase for cancellation common shares representing up to 10.0% of its public float for a period of twelve months expected to begin August 11, 2026.

Supremex Announces Strategic Acquisition of Goldrich Printpak in the Greater Toronto Area

(TSX:SXP) Supremex Inc. announced the acquisition of all of the outstanding shares of Goldrich Printpak Inc. for a total consideration of approximately $34.0 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the Company's existing credit facility. Goldrich generated sales of approximately $30.0 million for its last fiscal year and employs approximately 90 people. Goldrich operates a 68,000 square foot manufacturing facility in Toronto, Ontario. Supremex operates ten manufacturing facilities across four provinces in Canada and four manufacturing facilities in three states in the United States, employing approximately 1,000 people. The acquisition establishes Supremex's first major folding carton platform in the Greater Toronto Area, Canada's largest packaging market. The company expects the acquisition to be a powerful driver of long-term value creation for shareholders, accelerating top-line growth, supporting continued EBITDA margin expansion as volumes scale and synergies are realized, and enhancing its ability to serve national and multinational packaging customers across North America.

Supremex Announces Results for the First Quarter of 2026

Supremex Inc. (TSX: SXP) reported its financial results for the first quarter ended March 31, 2026, with total revenue of $74.8 million, up 6.6% from $70.2 million in the first quarter of 2025. Net earnings were $0.8 million, or $0.03 per share, compared to $1.9 million, or $0.08 per share, last year. Adjusted EBITDA rose to $9.9 million, or 13.2% of revenue, from $8.8 million, or 12.6% of revenue, last year. The company launched an optimization initiative involving the closure of its Envelope facility in Indianapolis, Indiana, and acquired Fantasia Printing Ltd (iFlex Labels) in April 2026. The Board declared a quarterly dividend of $0.05 per common share, payable on June 18, 2026.