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Supremex Announces Results for the Second Quarter of 2025, a Special Dividend of $0.50 Per Common Share, the Renewal of Its Normal Course Issuer Bid and Completes Two Tuck-In Acquisitions Subsequent to the End of the Quarter
MONTREAL, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Supremex Inc. (“Supremex” or the ȁ...
About this update from Supremex Inc.
[{"type":"text","content":"Supremex Announces Results for the Second Quarter of 2025, a Special Dividend of $0.50 Per Common Share, the Renewal of Its Normal Course Issuer Bid and Completes Two Tuck-In Acquisitions Subsequent to the End of the Quarter\n\n\n\n MONTREAL, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, today announced its results for the second quarter ended June 30, 2025. The Company will hold a conference call to discuss these results today at 10:00 a.m. (Eastern Time).\n \n\n In addition, the Company today announced the renewal of its normal course issuer bid (the “NCIB”) after its approval by the Toronto Stock Exchange (“TSX”) to purchase for cancellation up to 1,507,850 common shares, representing 10.0% of its “public float” (within the meaning of the TSX Company Manual) as of July 28, 2025, for the twelve-month period starting August 11, 2025 and ending August 10, 2026.\n \n\n\n Second Quarter Financial Highlights and Recent Events\n \n\n\n\n Total revenue of $66.0 million, down from $69.3 million in the second quarter of 2024.\n \n\n Envelope segment revenue of $43.8 million, down 11.5% from $49.5 million in the prior year.\n \n\n Packaging & Specialty Products segment revenue of $22.2 million, up 11.6% from $19.9 million last year.\n \n\n Net loss of $0.3 million, compared to net earnings of $2.0 million last year.\n \n\n Loss per share of $0.01, versus earnings per share of $0.08 a year ago.\n \n\n Adjusted EBITDA\n \n 1\n \n of $5.8 million, or 8.8% of revenue, versus $9.0 million, or 13.0% of revenue, a year ago.\n \n\n On July 10, 2025, Supremex announced the completion of a sale-leaseback transaction in respect of its owned properties in LaSalle, Quebec and Etobicoke, Ontario for gross proceeds of approximately $53.0 million.\n \n\n On August 6, 2025 the Board of Directors declared a special dividend to shareholders of $0.50 per common share. The special dividend will be paid on September 25, 2025 to shareholders of record at the close of business on September 10, 2025.\n \n\n On July 14, 2025, Supremex acquired the assets of Enveloppe Laurentide, a provider of envelope in Eastern Can...