Post by
Angles on Sep 17, 2024 5:09pm
Some Confirmation???
Hi everyone,
So, I tried reaching out to John Ripplinger, V. P. Corporate Affairs, about what he thought regarding my estimates which I had presented on this BLOG a few messages ago. Here are his comments back to me. I find them giving me some confirmation of what I am projecting. Remember, his hands are mostly tied preventing him from saying too much. But I like what he did say and how he phrased it all. Enjoy.
Angles
Hi and thanks for your interest in Imaflex.
Please note that Imaflex does not provide guidance and as such we are not able to comment on your assumptions.
As mentioned in our most recent quarterly press releases, we expect continued growth over the medium term. “With our multi-year equipment expansion project nearing completion, we are focused on boosting utilization levels and delivering sustainable, profitable, growth. Collectively, this should have a more meaningful impact on revenues and profitability, while also heightening operational efficiencies. We are excited about our future and encouraged by the growth platform we have built.”
Comment by
Ciao on Sep 17, 2024 5:33pm
They have been conservative in their guidance, this is from Q1, "Outlook "Imaflex is well-positioned for continued growth, although the pace and scale remain uncertain due to market conditions," said Mr. Abbandonato." and they knocked it out of the park in Q2!