RE:RE:RE:If they ebitda 30 mill annualied run rate in the middle of a
I challenge you on your assertion that this is mainly a print business.
DCM is converting into a communications solutions partner that provides a suite of comprehensive on and offline communication solutions to its clients including multi media campaign management, location-specific marketing,1:1 marketing, execution of custom loyalty programs, brand management, as well as fulfilling their commercial printing needs. The company has locations throughout Canada and in the United States .
While restructuring initiatives have concentrated on headcount reduction across DCM's operations, it does have a strategy to exit the stationary business, which remains quite profitable .
We have seen this in the closure of its Brossard, Quebec manufacturing facility and the sale of its tabs and bindery business in the Calgary, Alberta manufacturing facility.
This legacy business is now quite profitable.
I really don't know what the new CEO plans but I get the impression that he will take DCM to its next level in this evolving technology business.
Who knows , he may sell this legacy business as part of the transformation .
But, from whichever business niche it does have, in 2020 we saw the emergence of very profitable growth.
I see that continuing in 2021