Supremex Reports Strong Q2 Earnings with Revenue and Profit Growth
Supremex Inc. (TSE:SXP) reported strong second-quarter results for the period ended June 30, 2026, driven by improved performance in its packaging operations and envelope business. Consolidated revenue rose 8.5% year over year to C$71.6 million, with adjusted EBITDA increasing nearly 34% to C$7.8 million. Adjusted EBITDA margin expanded significantly from 8.8% a year earlier to 10.9%. The company returned to positive free cash flow and attributed its performance to improved volume and cost discipline. Packaging revenue grew by 19%, reaching C$26.4 million, representing 37% of total revenue. This growth was supported by increased demand for folding cartons from multinational consumer packaged goods clients in health and beauty sectors, as well as e-commerce expansion. Recent acquisitions such as Goldrich Printpak and iFlex Labels contributed to the segment's performance but also led to an increase in net debt to C$40.1 million. Management remains cautiously optimistic despite trade uncertainties like potential U.S. tariffs and postal-service changes.
Topics: acquisitions debt_increase ebitda_improvement revenue_growth