Positive Growth in Retail Services & Printing
Retail Services & Printing sector experienced a strong quarter with a 5.1% increase in revenues to $279.9 million and a 15.5% growth in adjusted EBITDA to $54.4 million, marking the fourth consecutive quarter of profitability improvement.
Improvement in Safety Metrics
The company reported a significant year-over-year improvement in safety incidents, reducing from 46 incidents to 28, a decrease of 40%.
Strong Financial Position
Despite a special dividend, the net debt ratio remained healthy at 1.70x. Financial expenses decreased by $5.4 million due to lower debt levels and lower interest rates.
Adjusted Earnings Per Share Increase
Adjusted net earnings per share grew by 11.5% from $0.52 to $0.58.