BPIF Printing Outlook Q1 2021 (twosides.info)

Highlights: *Revenues of $700.0 million for the quarter ended July 28, 2024; operating earnings of $69.2 million; and net earnings attributable to shareholders of the Corporation of $43.6 million ($0.50 per share). *Adjusted operating earnings before depreciation and amortization(1) of $121.0 million for the quarter ended July 28, 2024; adjusted operating earnings(1) of $84.2 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $51.4 million ($0.60 per share). *Growth in adjusted operating earnings before depreciation and amortization(1) of 12.1%, with an increase of 20.6% in the Packaging Sector and of 12.4% in the Retail Services and Printing Sector. *Sale of a building for an amount of $7.1 million. *Repurchase of 1.2 million shares during the quarter ended July 28, 2024, for a total consideration of $17.7 million.

Transcontinental Inc. announced that Rémi Marcoux, founder of TC Transcontinental and member of the Board, has not sought re‑election as a director. Mr. Marcoux's term will end on March 13, at the annual shareholders’ meeting. In recognition of his entrepreneurial career and his significant contribution to the vision, growth and development of the Company in keeping with its values, the Board has named Mr. Marcoux “Founder Emeritus”. Rémi Marcoux, founder of TC Transcontinental, said: “I built this great company, which I founded in 1976, with a long-term vision and a desire for continuity, and my wishes have come true. I am a fulfilled and content man as I look to TC Transcontinental’s future, and I thank all our shareholders, customers, suppliers and employees for their unwavering support over the years. At the age of 83, I intend to take it easy a bit, and I have full confidence in my daughter Isabelle, who succeeded me as Chair of the Board in 2012, in Thomas Morin, President and CEO, as well as our talented board members, executives and employees.”

At a pre-drupa press event recently, held just before Dcsoop in Indianapolis, Indiana, HP revealed a number of innovations that will make their debut in Düsseldorf later this year. Of particular interest are the updates and refreshes to the Indigo and PageWide press lines. Anat Ruhrberg, the head of Commercial Product & Solutions for HP Indigo, noted that while analog printed pages are beginning to see a decline in terms of overall volume, digital pages are seeing a sharp increase, making it increasingly clear that no shop that wants to continue to be relevant and competitive in the years to come can afford to ignore the technology any more. Investments in digital presses are going to be key to capturing and retaining business. That shift is playing out with the Indigo line, she noted, with data showing that consistently, as much as 50% of the pages being printed on the Indigo 100k are new volume. That said, 95% of all printed pages are still printed on analog presses, which means the opportunity for growth is massive.