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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates in two reporting segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including folding carton packaging and e-Commerce fulfillment packaging solutions. Other packaging and specialty products include the Conformer Products, labels, record sleeves and jackets, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates over ten manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States.


TSX:SXP - Post by User

Post by DanielDarden123on Feb 23, 2023 5:52pm
321 Views
Post# 35302136

Dividend Increase

Dividend Increase Sellers are ignoring the message here. Yes, competition was mentioned on the conference call as were possible supply chain issues. Surely, these were considered by the Board before increasing the dividend. These are common to every business (manufacturing) and in the normal course are overcome by good management.

Packaging was probably disappointing to those that are oblivious of the move to a larger facility in Q4. Producing while moving cannot be simple task! Of course, sales were affected in some way. Future gains sometimes require current pain! Additionally, Paragraph will likely add~$40M annually to revenue going forward. Where is the hurt???
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