MONTREAL, QUEBEC — (Marketwired) — 10/17/16 — Transcontinental Inc. (TSX: TCL.A)(TSX: TCL.B) today announced that it has acquired all of the shares of Flexstar Packaging Inc., a flexible packaging supplier based in the Vancouver suburb of Richmond, British Columbia. The company specializes in converting high barrier film, including printing, lamination and pouch making, for the cereal, confectionery, snack, frozen food and coffee markets. With more than 120 employees, Flexstar Packaging Inc
Highlights – Revenues decreased 2.9%. – Adjusted operating earnings before depreciation and amortization decreased 7.5%. – Adjusted net earnings attributable to shareholders of the Corporation decreased 9.6%. – Net earnings attributable to shareholders of the Corporation per share increased 7.3%. – Maintained a solid financial position, with a net indebtedness ratio of 0.8x. – Acquired Robbie Manufacturing, a flexible packaging supplier located in Lenexa, Kansas. – Successfully started printing
MONTREAL, QUEBEC — (Marketwired) — 08/25/16 — On Thursday, September 8, 2016, Transcontinental Inc. (TSX: TCL.A)(TSX: TCL.B) will release its third quarter 2016 results and host a conference call for the financial community at 4:15 PM. The conference call will be broadcast live (audio only) on the Investors homepage of the Corporation–s Internet site at , and will be archived for 30 days. The financial results will be made public in a press release that will be issued on the newswire prior
MONTREAL, QUEBEC — (Marketwired) — 07/28/16 — Transcontinental Inc. (TSX: TCL.A)(TSX: TCL.B) announced today it is selling most of its commercial printing line of business operated from its Transcontinental Dartmouth plant to Advocate Printing and Publishing Company Limited, an independent printer and publisher in Atlantic Canada. This decision will result in the closure of the Transcontinental Dartmouth plant located at 140 Joseph Zatzman Drive in Dartmouth, Nova Scotia, by mid-August 2016
Highlights – Revenues increased 1.4%. – Adjusted operating earnings before depreciation and amortization decreased 4.7%. – Adjusted net earnings attributable to shareholders of the Corporation decreased 12.5%. – Maintained a solid financial position, with a stable net indebtedness ratio of 0.8x. – Renewed the normal course issuer bid for one year as of April 15, 2016. – Ranked by Corporate Knights as one of the Best 50 Corporate Citizens in Canada.
MONTREAL, QUEBEC — (Marketwired) — 06/07/16 — TC Transcontinental (TSX: TCL.A)(TSX: TCL.B) has once again been named one of Canada–s 50 best corporate citizens in the prestigious Corporate Knights ranking. The fact that TC Transcontinental received this honour again in 2016 attests to the Corporation–s commitment to social responsibility and its determination to follow through by putting forward a well-structured approach implemented with three-year plans.The Corporate Knights ranking, now
MONTREAL, QUEBEC — (Marketwired) — 05/30/16 — Transcontinental Inc. (TSX: TCL.A)(TSX: TCL.B) announced today it is divesting of its assets in the province of Saskatchewan. The transaction includes the sale of its 13 local newspapers and associated web properties, as well as some commercial printing equipment and related book of business in Saskatchewan, to Star News Publishing Inc., a local newspaper publisher and printer with interests in Saskatchewan and Alberta. The sale of the local new
MONTREAL, QUEBEC — (Marketwired) — 05/27/16 — On Friday, June 10, 2016, Transcontinental Inc. (TSX: TCL.A)(TSX: TCL.B) will release its second quarter 2016 results and host a conference call for the financial community at 9:30 AM. The conference call will be broadcast live (audio only) on the Investors homepage of the Corporation–s Internet site at , and will be archived for 30 days. The financial results will be made public in a press release that will be issued on the newswire prior to t
MONTREAL, QUEBEC — (Marketwired) — 05/17/16 — Transcontinental Inc. (TSX: TCL.A)(TSX: TCL.B) is proud to have won the Mercure award in the "Business Transfer" category at last night–s prestigious Mercuriades competition, organized by the Federation des chambres de commerce du Quebec (FCCQ) and held at the Palais des congres in Montreal. The "Business Transfer" Mercure award recognizes a company that has successfully transferred powers while securing its future through a
MONTREAL, QUEBEC — (Marketwired) — 04/12/16 — Transcontinental Inc. (TSX: TCL.A)(TSX: TCL.B) has been authorized to purchase for cancellation on the open market, between April 15, 2016 and April 14, 2017, up to 1,000,000 of its Class A Subordinate Voting Shares and up to 226,344 of its Class B Shares, representing approximately 1.6% of the 63,513,472 issued and outstanding Class A Subordinate Voting Shares and of the 14,146,526 issued and outstanding Class B Shares as of April 4, 2016. The
