Transcontinental posted solid Q3 results, with revenue and EBITDA growth supported by strategic acquisitions in the ISM sector and improved operational efficiencies, keeping the company on track for its full-year outlook.
Transcontinental reported higher Q3 revenue, adjusted EBITDA, and EPS, with management confident in full-year outlook.
Transcontinental reported a strong third quarter with revenue rising 3.8% and adjusted EPS jumping 18.5% to C$0.32. Growth was fueled by a 38% surge in the in-store marketing and specialty products segment, alongside successful cost-reduction initiatives and the national rollout of the raddar retail-media platform.
Growth is primarily driven by acquisitions in the in-store marketing and specialty products business, cost-reduction synergies, and the national expansion of the raddar retail-media platform.