SXP: Packaging growth and stronger envelope margins offset, but do not erase, tariff pressure

Revenue rose 16.1% and adjusted EBITDA 38.5% YoY, led by packaging growth and stronger envelope margins. Tariffs are expected to cost CAD 10M–CAD 12M annually, with restructuring savings of ~CAD 5.7M planned to offset ~half.

Based on Supremex Inc. [SXP] Q3 2026 Audio Transcript — Nov. 5 2026