Key Points – Transcontinental posted lower second-quarter revenue and slightly weaker adjusted EBITDA from continuing operations, driven mainly by lower traditional print volumes, especially flyer printing, though acquisitions and foreign exchange helped offset some of the…
essure. – Management is looking for a stronger second half of fiscal 2026, supported by new multi-year contracts with Postmedia and Glacier Media, cost cuts, improved in-store marketing performance, and the national rollout of its raddar distribution platform in mid-June. – The company reaffirmed its full-year outlook for stable adjusted operating earnings versus fiscal 2025 and said it expects leverage to fall to about 1.75x net debt by year-end, while continuing to pursue selective acquisitions in in-store marketing. Transcontinental (TSE:TCL.A) reported lower second-quarter revenue and slightly lower adjusted profitability from continuing operations, while management said it expects stronger results in the second half of fiscal 2026 following recent contract wins, cost reductions and the national rollout of its raddar distribution platform
On the company’s June 4 earnings call, newly appointed Chief Executive Officer Sam Bendavid said the business is entering a new phase following the sale of its packaging operations. As of the second quarter, Transcontinental is reporting through two sectors: Retail Services and Printing, and Books and Education, which combines TC Media with book printing activities. Bendavid said recent facility visits showed “strong energy and engagement across the organization,” and he pointed to momentum in several parts of the company, including artificial intelligence initiatives, in-store marketing acquisitions and education technology.
Second-quarter results show lower volume pressure Executive Vice President and Chief Financial Officer Donald LeCavalier said second-quarter revenue from continuing operations declined 5% from the same period last year, mainly…