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MONTREAL - Supremex Inc. (TSX:SXP), a North American envelope manufacturer and paper-based packaging provider with annual revenues of $201.61 million, announced Friday the appointment of Normand Macaulay as Chief Financial Officer and Corporate Secretary, effective September 15, 2025. According to InvestingPro data, the company maintains a strong financial health score of 2.63 (GOOD), positioning it well for future growth.
Macaulay brings over 20 years of financial leadership experience to the role. He previously served as Chief Financial Officer at Nitrex, a provider of heat treatment solutions, and held senior finance positions at Wajax Corporation, including Vice President Finance. His earlier career included roles at Accent-Fairchild Group Inc. and KPMG Canada. This appointment comes at a crucial time as InvestingPro analysis indicates the company is currently undervalued, with analysts projecting positive net income growth for the coming year.
The incoming CFO holds a CPA designation along with a Bachelor of Commerce and Graduate Diploma in Accountancy from Concordia University.
"His strong background in corporate finance, M&A, and process optimization will play key roles in achieving operational excellence and driving profitable growth," said Stewart Emerson, President and CEO of Supremex, in the press release statement.
Emerson also acknowledged Silvana Reyes Ayllon for serving as interim CFO during the transition period.
Supremex operates nine manufacturing facilities across four Canadian provinces and five facilities in four U.S. states, employing approximately 900 people. The company manufactures and distributes envelope and packaging solutions for corporations, direct mailers, government entities, and small to medium enterprises. With a market capitalization of $76.39 million and an impressive dividend yield of 16.28%, Supremex has demonstrated its commitment to shareholder returns while maintaining a balanced growth strategy.
In other recent news, Supremex Inc. announced its Q2 2025 earnings, which fell short of expectations. The company reported an earnings per share (EPS) of $0, significantly missing the forecasted $0.1463. This represents a negative surprise of 100%. Supremex Inc.’s total revenue for the quarter was $66 million, which did not meet the anticipated $70.3 million. These results are part of the latest developments for the company. The earnings announcement was followed by a slight decline in the company’s stock price in pre-market trading. Analyst reactions to these earnings have not been detailed, but the missed forecasts are notable. Investors may want to consider these financial results when evaluating Supremex Inc.’s performance.
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