Adjusted EBITDA surged 34% year-over-year as packaging growth and cost synergies lifted margins to 10.9%.
Supremex reported second-quarter revenue of C$71.6 million, up 8.5% year-over-year, driven by strong packaging demand and recent acquisitions. Adjusted EBITDA climbed 34% to C$7.8 million, with margins expanding to 10.9% from 8.8% a year earlier.
Packaging revenue rose 19% to C$26.4 million, supported by folding carton demand and acquisitions like Goldrich Printpak and iFlex Labels. Envelope EBITDA margins improved to 15.6% amid higher volumes and pricing. Net debt increased to C$40.1 million due to acquisitions.
Management cited cost discipline and volume growth as key drivers but noted risks from U.S. tariffs and trade uncertainties.