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Supremex ( (TSE:SXP) ) has provided an announcement.
Supremex reported significant profitability improvements for the fourth quarter of 2024 despite a slight decline in total revenue compared to the previous year. Driven by optimization initiatives, the company saw a notable increase in net earnings and adjusted EBITDA margins. The firm is focused on further enhancing efficiency and cost savings in 2025, aiming to consolidate its operations and capitalize on improved manufacturing absorption, which is expected to support continued margin improvement. Supremex remains committed to executing its business strategy and creating lasting value for shareholders.
More about Supremex
Supremex Inc. is a leading North American company specializing in the manufacturing and marketing of envelopes and paper-based packaging solutions. The company is focused on optimizing its operations to improve margins and efficiency in both its envelope and packaging segments.
YTD Price Performance: -5.03%
Average Trading Volume: 24,118
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$87.92M
For an in-depth examination of SXP stock, go to TipRanks’ Stock Analysis page.
