ITP
vs
S
S&P TSX Composite Index (Canada)
ITP
Over the past 12 months, ITP has underperformed S&P TSX Composite Index (Canada), delivering a return of 0% compared to the S&P TSX Composite Index (Canada)'s +25% growth.
Stocks Performance
ITP vs S&P TSX Composite Index (Canada)
Performance Gap
ITP vs S&P TSX Composite Index (Canada)
Performance By Year
ITP vs S&P TSX Composite Index (Canada)
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Intertape Polymer Group Inc
Glance View
Intertape Polymer Group Inc. (IPG) stands as a solid force in the packaging industry, weaving its intricate web across North America with a strategic mix of innovation and practical solutions. Founded in 1981, this company's journey has been one of calculated expansion and adaptation. Specializing in the manufacture and sale of a vast range of paper and film-based pressure-sensitive and water-activated tapes, IPG serves industries that include e-commerce, construction, and transportation. Its approach to business is rooted in a commitment to high-quality, reliable products, with adhesive tape and packaging machinery sitting at the heart of its operations. By continuously investing in state-of-the-art manufacturing capabilities and a robust distribution network, Intertape effectively positions itself to meet the ever-evolving demands of its extensive client base. IPG’s financial model is intricately tied to its ability to innovate and adapt to market shifts. The revenue streams of the company are supplemented significantly by strategic acquisitions that broaden its product reach and geographic footprint. Additionally, the firm's embrace of sustainability practices adds another layer to its market appeal, especially in today’s environmentally-conscious business landscape. By leveraging automation and advanced manufacturing technologies, IPG aims not only to optimize production efficiencies but also to mitigate costs, ensuring competitive pricing in a crowded market. This careful balance of innovation, strategic expansion, and operational efficiency enables Intertape Polymer Group to maintain its competitive edge, cultivating a lasting presence in the packaging industry.