Q: Hi,
Your comments on Transcontinental's results ?
Thanks
Your comments on Transcontinental's results ?
Thanks
5i Research Answer:
EPS of 79c beat estimates of 73c; revenue of $749.3M marginally missed estimates. EBITDA of $142M beat estimates by 5%. EPS fell from 83c last year. Revenue fell 3.9% on lower volume in retail services and the printing and packaging sectors. Guidance calls for better packaging revenue growth in 2025. Nothing too exciting here, but nothing problematic, either. The balance sheet is improving a bit, with debt down by more than $100M from the start of the year. It remains very low growth, but also a very cheap stock.