Packaging, envelopes and labelling solutions provider Supremex has posted a 77.6% decrease in net earnings for the fourth quarter of 2025.
The company reported net earnings of $1.3m for the three months to December 2025, down from $5.8m during the same period in 2024.
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Quarterly revenue reached $72.9m, marking a year-on-year increase of 5.6%.
The envelope segment generated $48.9m in revenue for the quarter, a slight increase from $48.8m a year earlier.
This segment comprised 67.1% of total revenue, down from 70.6%.
The volume of units sold was up by 5.3%, attributed to contributions from Enveloppe Laurentide and Elite Envelope, as well as new contracts and market share gains in the US.
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By GlobalDataRevenue from packaging and speciality products rose to $24m for the quarter, an 18.3% increase on the previous year’s $20.3m.
This segment made up 32.9% of total revenue, compared with 29.4% previously.
The rise was attributed to higher folding carton sales, new business wins, growth with international consumer packaged goods clients, and the addition of Trans-Graphique, acquired in July 2025.
Total debt was reduced to $4.1m at the end of December 2025, down from $43.1m a year earlier, following repayments supported by cash flow and proceeds from a sale and leaseback transaction.
On 18 February 2026, Supremex extended the maturity of its secured revolving credit facility to July 2028.
For the full year 2025, the company reported net earnings of $12m, reversing the loss registered in the prior year.
Annual revenue stood at $274.8m, representing a 2.2% decline from the previous year.
Supremex CEO and president Stewart Emerson said: “While we are not where we expected to be at year-end, we are pleased with sequential revenue and Adjusted EBITDA margin growth for both of our businesses in the fourth quarter of 2025, compared to the third quarter.
“In envelope, it appears that the significant headwinds created by the Canada Post labour disruptions in the first three quarters have ebbed, and we continued to penetrate the US market while driving operating efficiency across our network. We also completed another tuck-in acquisition to further enhance our presence in the US Northeast.
“In packaging and speciality products, continued strong performance from our folding carton activities, along with sustained momentum in e-commerce packaging solutions, generated nearly 20% revenue growth, both sequentially and year-over-year.”
