Intertape Polymer profits fall in Q2

MONTREAL — Intertape Polymer Group reported that Q2 revenues rose 4.3% to $210.2 million, primarily due to an increase in average selling price, including the impact of product mix, and additional revenue from the the company’s acquisition of Powerband. Net earnings declined decreased $3.5 million to $10.2 million, primarily due to a decrease in gross profit and an increase in selling, general, and administrative expenses.