Improvement in Adjusted Net Earnings
The company reported an 11.5% growth in adjusted net earnings per share in Q2 versus Q2 last year.
Retail Services & Printing Sector Success
Significant increases in revenue and EBITDA were reported, driven by growth in Book Printing, Specialty Solutions, and In-store Marketing businesses.
Safety Improvements
The company reported a 40% year-over-year reduction in incidents, improving from 46 incidents to 28.
Strong Cash Flow Generation
Generated $80.3 million from operating activities in the second quarter, with CapEx at $24.5 million, $5.6 million lower than last year.
Packaging Sector Recovery
Positive volume growth in the Packaging sector was observed in the first month of Q3, including a continued recovery in the medical market.