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Intertape Polymer Group Inc (ITP.TO)

ITP.TO on Toronto Stock Exchange

18.65CAD
16 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Intertape Q2 Revenue $249.1 Mln Versus I/B/E/S View $241.1 Mln
Monday, 13 Aug 2018 

Aug 13 (Reuters) - Intertape Polymer Group Inc ::INTERTAPE POLYMER GROUP REPORTS 2018 SECOND QUARTER RESULTS.Q2 REVENUE $249.1 MILLION VERSUS I/B/E/S VIEW $241.1 MILLION.INTERTAPE POLYMER GROUP - QTRLY EARNINGS PER SHARE $0.26.REVENUE GROWTH IN 2018 IS EXPECTED TO BE BETWEEN 16% AND 18%.ADJUSTED EBITDA FOR 2018 IS EXPECTED TO BE BETWEEN $140 MILLION AND $150 MILLION..INTERTAPE POLYMER - TOTAL CAPEX FOR 2018 ARE STILL EXPECTED TO BE BETWEEN $80 MILLION AND $90 MILLION..INTERTAPE POLYMER - REVENUE AND ADJUSTED EBITDA IN Q3 2018 ARE EXPECTED TO BE GREATER THAN IN Q3 2017.Q2 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $1.02 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Intertape Polymer Group Announces Agreement To Acquire Polyair Inter Pack
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Intertape Polymer Group Inc ::INTERTAPE POLYMER GROUP ANNOUNCES AGREEMENT TO ACQUIRE POLYAIR INTER PACK.INTERTAPE POLYMER GROUP INC - DEAL FOR APPROXIMATELY $146 MILLION.INTERTAPE POLYMER GROUP - ESTIMATES POLYAIR WILL BE ACCRETIVE TO IPG EARNINGS IN 2019, EXCLUDING DEAL COSTS, INTEGRATION COSTS, AMONG OTHERS.INTERTAPE POLYMER GROUP INC - ESTIMATES POLYAIR WILL GENERATE ABOUT $20 MILLION TO $22 MILLION IN ADJUSTED EBITDA BY 2021.INTERTAPE POLYMER GROUP INC - NO CASH OR DEBT WILL BE ACQUIRED IN TRANSACTION..INTERTAPE POLYMER GROUP INC - IPG EXPECTS TO FUND ACQUISITION WITH FUNDS AVAILABLE UNDER IPG'S $600 MILLION CREDIT FACILITY.  Full Article

Intertape Polymer Group Reports Q1 EPS $0.19
Thursday, 10 May 2018 

May 10 (Reuters) - Intertape Polymer Group Inc ::INTERTAPE POLYMER GROUP REPORTS 2018 FIRST QUARTER RESULTS.INTERTAPE POLYMER <<>> Q1 REVENUE $237.2 MLN VS I/B/E/S VIEW $235.7 MLN.INTERTAPE POLYMER GROUP INC - ANNUAL GUIDANCE ON TRACK.INTERTAPE POLYMER GROUP INC - QTRLY DILUTED SHR $0.19 .INTERTAPE POLYMER GROUP - REVENUE, ADJUSTED EBITDA IN Q2 2018 ARE EXPECTED TO BE GREATER THAN IN Q2 2017.INTERTAPE POLYMER GROUP INC - CO'S EXPECTATIONS FOR THE FISCAL YEAR REMAIN UNCHANGED FROM THOSE SET OUT IN DEC 31, 2017 .INTERTAPE POLYMER GROUP INC <<>> FY2018 SHR VIEW $1.16, REV VIEW $985.7 MLN -- THOMSON REUTERS I/B/E/S.INTERTAPE POLYMER GROUP INC <<>> Q1 SHR VIEW $0.25, REV VIEW $235.7 MLN -- THOMSON REUTERS I/B/E/S.  Full Article

Intertape Polymer Group Inc Q3 EPS $‍0.32​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Intertape Polymer :Intertape Polymer Group reports 2017 third quarter results.Q3 revenue $243.4 million versus I/B/E/S view $230.2 million.Intertape Polymer Group Inc - ‍fiscal year 2017 gross margin is now expected to be between 22% to 22.5%​.Intertape Polymer Group Inc - ‍fiscal year 2017 adjusted ebitda has been revised to be between $126 to $130 million​.Intertape Polymer Group Inc - ‍fiscal year 2017 manufacturing cost reductions are now expected to exceed previously stated range of $10 to $12 million​.Intertape Polymer Group Inc - ‍fiscal year 2017 capital expenditures are now expected to be between $85 million and $90 million​.Intertape Polymer Group Inc qtrly earnings per share $‍0.32​.Intertape Polymer Group Inc - ‍revenue in Q4 of 2017 is expected to be greater than in Q4 of 2016​.  Full Article

Intertape Polymer group qtrly EPS $0.32​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Intertape Polymer ::Intertape Polymer Group reports 2017 third quarter results.Q3 revenue $243.4 million versus I/B/E/S view $230.2 million.Intertape Polymer Group Inc - qtrly ‍earnings per share attributable to company shareholders $0.32​.Intertape Polymer Group Inc - ‍fiscal year 2017 capital expenditures expected to be between $85 million and $90 million​.Intertape Polymer Group Inc - ‍fiscal year 2017 gross margin expected to be between 22 pct to 22.5 pct​.Intertape Polymer Group Inc - sees ‍fiscal year 2017 adjusted ebitda to be between $126 million to $130 million​.  Full Article

Intertape Polymer Group reports Q2 earnings per share $0.17
Friday, 11 Aug 2017 

Aug 11 (Reuters) - Intertape Polymer Group Inc :Intertape Polymer Group reports 2017 second quarter results.Qtrly revenue increased 4.3 percent to $210.2 million.Qtrly earnings per share $0.17.Sees FY adjusted EBITDA in range of $120 million to $127 million.Sees FY 2017 gross margin of 22.5% to 23%.Intertape Polymer Group -Expects revenue, gross margin and adjusted EBITDA in Q3 2017 to be greater than in the third quarter of 2016.  Full Article

Intertape Polymer Group agrees to buy majority ownership of Powerband
Friday, 2 Sep 2016 

Intertape Polymer Group Inc: Intertape Polymer Group enters agreement to acquire majority ownership of Powerband . Purchase price of approximately $42 million . Intertape Polymer Group says company expects that these acquired operations will be accretive to net earnings . Execution of an agreement to acquire a 74% ownership stake in Powerband Industries Private Limited . Rajan desai, managing director of Powerband, will continue to manage Powerband's operations, remain significant shareholder . Powerband will remain headquartered in Daman, India . Remaining 26% will continue to be held by Desai family which founded Powerbrand .Deal will be financed with funds available under company's revolving credit facility.  Full Article

BRIEF-Intertape Polymer Group Reports Q4 Revenue $237.4 Mln

* INTERTAPE POLYMER GROUP REPORTS 2017 FOURTH QUARTER AND ANNUAL RESULTS