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TCL Transcontinental renews share buyback

CIBC conference takeaways with Transcontinental: CEO indicates cost inflation seen earlier in 2022 has been fully passed through to customers; key end-markets like pet food, flyers should be resilient in recessionary scenario, and input prices should fall

CIBC keeps Transcontinental at neutral, encouraged by contribution from media business in Q3, strength in packaging organic volumes; however, input cost inflation may impact printing demand when company is forced to pass on higher newsprint prices in 2023

Transcontinental Q3 2022 Earnings Call - Transcript

Transcontinental's Q32022 revenue up 20.3% year-over-year to C$747.8M, while net earnings attributable to shareholders rises 21.4% year-over-year to C$34.1M; printing sector sees significant volume in in-store marketing activities, other growth activities

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