Thursday 13 August 2020
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wn.com - 1 month ago

Intertape Polymer Group Provides Update on 2020 Second Quarter Results

NEWS RELEASE FOR IMMEDIATE DISTRIBUTION Intertape Polymer Group Provides Update on 2020 Second Quarter Results MONTREAL, QUEBEC and SARASOTA, FLORIDA - July 13, 2020 - Intertape Polymer Group Inc. (TSX:ITP) ( IPG or the Company ) today announced its preliminary estimated revenue for the three months ended June 30, 2020. The Company estimates that its revenue is approximately $267 million for the three months ended June 30, 2020, compared to the outlook range communicated on May 13, 2020 of $235 million to $250 million. With the out-performance of revenue, management also expects adjusted EBITDA(1) to be greater than the top end of the outlook range of $34 million that...


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