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Imaflex Inc V.IFX

Alternate Symbol(s):  IFLXF

Imaflex Inc. is focused on the development and manufacturing of solutions for the flexible packaging and agriculture industries. The Company’s products consist primarily of polyethylene (plastic) film and bags, including metalized plastic film, for the industrial, agricultural and consumer markets. Its polyethylene films are mainly sold to printers known as converters, who process the film into a finished product to meet their end-customer needs. Additionally, its films are sold directly to customers to protect and market their own products or bought by distributors for re-sale. Its agricultural films are finished products, predominantly sold directly by the Company to growers. Its portfolio includes common mulch, compostable and fumigant barrier films, as well as metalized crop protection films that add pest/weed control and/or accelerated growth benefits beyond those provided by its common mulch films. It has manufacturing facilities in Canada and the United States.


TSXV:IFX - Post by User

Comment by Daudau11on May 26, 2022 11:30am
123 Views
Post# 34709200

RE:I thought the numbers were excellent.

RE:I thought the numbers were excellent.Same here, I think results were good too and they are investing for their future by upgrading/adding new equipment which is better than just sitting on the cash or doing M&A (where you don't really know what you getting into until you actually own it)

Their sales increase were just mostly passing on resin cost increases but excluding that there was still growth and at least we know in inflationary times they can handle it.
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