15 slides from Transcontinental Inc. Class A's earnings presentation, Sep 5, 2025
Slide 1: Q3-FY2025 Results Earnings Call Presentation
Q3-FY2025 RESULTS EARNINGS CALL PRESENTATION Thomas Morin, President and Chief Executive Officer Donald LeCavalier, Executive Vice President & Chief Financial Officer Yan Lapointe, Senior Director, Investor Relations & Treasury September 5, 2025 1
Slide 2: Note to Readers
NOTE TO READERS In this document, unless otherwise indicated, all financial data are prepared in accordance with International Financial Reporting Accounting Standards (IFRS) and the term ‘‘dollars’’ as well as the symbol ‘‘$’’ designate Canadian dollars. In this document, we also use non-IFRS finan
Slide 3: Forward-Looking Information
FORWARD-LOOKING INFORMATION Our public communications often contain oral or written forward-looking statements which are based on the expectations of management and inherently subject to a certain number of risks and uncertainties, known and unknown. By their very nature, forward-looking statements
Slide 4: Highlights
Highlights • Solid performance from the Retail Services & Printing Sector with a revenue growth of 4.5% and higher profit despite a tougher comparable • Close to 5% organic profit growth in Packaging despite volumes impacted by weaker seasonality • Continue to benefit from cost reduction initiatives
Slide 5: Q3-FY2025 Financial Results
Q3-FY2025 Financial Results Q3-FY2025 Q3-FY2024 Highlights • 2.2% decrease due to the sale of our Industrial Packaging Revenues $684.4M $700.0M operations. Lower volume in our Packaging sector offset by growth in book printing activities and favourable FX impact Adj. EBITDA(1) $122.6M $121.0M • $4.2
Slide 6: Q3-2025 Financial Results: Packaging
Q3-2025 Financial Results: Packaging • 6.3% decrease mainly due to the sale of our industrial packaging activities and lower volume in some markets • Partially offset by favourable FX Adj. EBITDA(1) ($M) • ~5% organic profit growth from cost reduction initiatives despite lower volume and less favour
Slide 7: Q3-2025 Financial Results: Retail Services & Printing
Q3-2025 Financial Results: Retail Services & Printing • 4.5% increase mainly due to an increase in book printing activities and favourable FX, partially offset by lower volume in flyer printing Adj. EBITDA(1) ($M) • 2.4% adj. EBITDA(1) improvement from an increase in our book printing activities and
Slide 8: FY2025 Outlook
FY2025 Outlook Packaging • Organic growth in adjusted EBITDA(1) in FY2025 Retail • Adjusted EBITDA(1) now expected to grow in FY2025 Services & following strong year-to-date performance Printing Financial • Solid financial position with net debt ratio(1) at 1.68x and Position significant cash flows
Slide 9: Appendix
APPENDIX tc @ TRANSCONTINENTAL www.te.te
Slide 10: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures Reconciliation of operating earnings - Third quarter and cumulative Three months ended Nine months ended (in millions of dollars) July 27, 2025 July 28, 2024 July 27, 2025 July 28, 2024 Operating earnings $57.4 $69.2 $197.2 $130.2 Including Realized gain
Slide 11: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures Reconciliation of operating earnings - Third quarter and cumulative for the Packaging Sector Three months ended Nine months ended (in millions of dollars) July 27, 2025 July 28, 2024 July 27, 2025 July 28, 2024 Operating earnings $29.4 $29.4 $126.5 $84.1
Slide 12: Reconciliation of Non-IFRS Financial Measures (cont'd)
Reconciliation of Non-IFRS Financial Measures (cont'd) Reconciliation of operating earnings - Third quarter and cumulative for the Retail Services and Printing Sector Three months ended Nine months ended (in millions of dollars) July 27, 2025 July 28, 2024 July 27, 2025 July 28, 2024 Operating earni
Slide 13: Reconciliation of Non-IFRS Financial Measures (cont'd)
Reconciliation of Non-IFRS Financial Measures (cont'd) Reconciliation of net earnings attributable to shareholders of the Corporation - Third quarter and cumulative Three months ended Nine months ended (in millions of dollars, except per share amounts) July 27, 2025 July 28, 2024 July 27, 2025 July
Slide 14: Reconciliation of Non-IFRS Financial Measures (cont'd)
Reconciliation of Non-IFRS Financial Measures (cont'd) Reconciliation of net indebtedness (in millions of dollars, except ratios) As at July 27, 2025 As at October 27, 2024 Long-term debt $461.2 $668.1 Current portion of long-term debt 252.0 201.0 Lease liabilities 88.7 95.8 Current portion of lease
Slide 15: www.tc.tc
tc @ TRANSCONTINENTAL www.te.te