Industry News, Printers News

Transcontinental Reports 1.9% Revenue Increase for Q1 2016

Increase is mainly attributable to acquisition of Ultra Flex Packaging, appreciation of U.S. dollar vs. Canadian dollar.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Transcontinental Inc. announced its results for the first quarter of fiscal 2016, which ended Jan. 31, 2016.   “The growth in our revenues and profitability in the first quarter confirms the success of our strategy,” said François Olivier, president and CEO of TC Transcontinental. “In our printing division, we continued to sign new agreements and adapt our printing platform to industry realities. In our packaging division, we successfully completed the integration of our most recent acquisitio...

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