Supremex Announces Q2 2023 Results
Second Quarter Financial Highlights and Recent Events • Total revenue increased by 14.6% to $71.7 million, from $62.5 million in the second quarter of 2022. • Envelope segment revenue up 7.3% to $49.3 million, from $45.9 million in the prior year. • Packaging and specialty products segment revenue of $22.4 million, up 34.7% from $16.6 million last year. • Net earnings were $2.1 million, compared to $7.4 million last year. • Acquisition on May 8, 2023 of Graf-Pak Inc. (“Graf-Pak”), a provider of folding carton packaging solutions located in the province of Quebec.