MONTREAL ―Intertape Polymer’s quarterly declined 3.1% to $196.6 million compared to the same time last year. The numbers, a 4% gain from Q1, were in line with expectations, and include a 5% increase in sales volume due to higher demand. Gross margin increased to 21.6% from 19.6% with the largest factor being an increase in the spread between selling prices and lower raw material costs. Net earnings decreased less than $0.1 million to $11.7 million.
Intertape Polymer reports steady Q2
Most Recent
Most Read
Gillfor partners with IKO in exclusive distribution deal
Tue, December 05th, 2023
Mastermind Toys finds a buyer
Tue, December 05th, 2023
Learn how to drive appliance & kitchen sales in latest issue of Dealer News
Tue, December 05th, 2023
RONA shares strategy, new look for its dealers, at Montreal buying show
Mon, December 04th, 2023
Gawtrey announces retirement from Home Hardware
Mon, December 04th, 2023
Vista Railing expands sales team in Ontario and U.S.
Mon, December 04th, 2023
French home improvement supplier Alpagroup sets up in North America
Fri, December 01st, 2023
LBMAO’s AGM and gala brings Ontario industry members together
Fri, December 01st, 2023
Canadian shoppers to spend 15 percent more this holiday season: Retail Council of Canada
Fri, December 01st, 2023
Rainbow Bridge car explosion was a lumber dealer, not a terrorist
Thu, November 30th, 2023