Intertape Polymer Group Inc
TSX:ITP

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Intertape Polymer Group Inc
TSX:ITP
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Price: 40.48 CAD Market Closed
Market Cap: 2.4B CAD

Intertape Polymer Group Inc
Investor Relations

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.

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ITP
S&P TSX Composite Index (Canada)

Earnings Calls

2021 Q3
Nov 12, 2021
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Intertape Polymer Group's Strong Demand and Revenue Growth Amid Supply Chain Challenges
2021 Q3
Nov 12, 2021

In Q3 2021, Intertape Polymer Group reported revenues of $396 million, a robust 23% rise year-over-year, largely driven by their e-commerce segment. However, ongoing labor and supply chain challenges negatively impacted their capacity, potentially costing $12-$14 million in missed revenue. The adjusted EBITDA margin declined to 15.9%, down from 20% a year earlier. The company forecasts annual revenue between $1.5 billion and $1.54 billion, reflecting an expected 25% growth. They anticipate adjusted EBITDA of $245-$255 million, an 18% increase, and free cash flows of $70-$80 million. Future pricing strategies are expected to bolster margins as raw material costs stabilize.

Management

Mr. Gregory A. C. Yull
CEO, Pres & Director
No Bio Available
Mr. Melbourne F. Yull
Founder & Director
No Bio Available
Mr. Jeffrey Crystal C.A., CPA, CPA, CA
Chief Financial Officer
No Bio Available
Mr. Douglas R. Nalette
Sr. VP of Operations
No Bio Available
Ms. Randi M. Booth
Sr. VP, Gen. Counsel & Corp. Sec.
No Bio Available
Mr. Shawn Nelson
Sr. VP of Sales & Marketing
No Bio Available
Ms. Mary Beth Thompson
Sr. VP of HR
No Bio Available
Mr. Joseph P. Tocci
Sr. VP of Global Sourcing & Supply Chain
No Bio Available
Mr. Silvano Iaboni P.Eng.
Sr. VP of Engineered Coated Products
No Bio Available
Mr. Jai Sundararaman
VP of business transformation
No Bio Available

Contacts

Address
QUEBEC
Saint-Laurent
9999 Cavendish Blvd Suite 200
Contacts
+18662024713.0
www.itape.com