Investor Presentation
Improved Adjusted EBITDA YOY for the 13th Consecutive Quarter
Adjusted EBITDA (M$) (¹) & margin (%)
$18.8
Net earnings (M$)
Highlights
$9.5
(+) Higher revenue
3.8
55.9%
$12.1
50.7%
$6.3
21.3%
10.7%
4.2
19.1%
17.3
10.0%
10.0
-2.1
Q1-22
Envelope
Packaging
-2.3
Q1-23
Corporate
Margin
Q1-22
Q1-23
(+) Higher envelope average selling
price
(+) More favourable customer and
product mix
(-) Higher cost of sales and SG&A
(-) Residual effects on profitability from
TMR relocation
(1) This is a non-IFRS financial measure or ratio. Non-IFRS financial measures do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other companies. Refer to the
Non-IFRS Financial Measures section at the end of this presentation for further details.
41View entire presentation