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Transcontinental Inc. Announces Results for the First Quarter of Fiscal Year 2026

Thomas Morin
Thomas Morin, President and Chief Executive Officer, TC Transcontinental

MontrĂ©al, March 10, 2026 -  "The closing of the sale of our packaging activities allows us to begin a new chapter of our history and focus our resources on our retail services and printing activities, as well as our educational publishing activities," said Thomas Morin, President and Chief Executive Officer of TC Transcontinental.

"The recent acquisitions in our in-store marketing activities enabled us to partially offset the slowdown in our traditional activities as well as the impact of strategic price concessions to secure our traditional activities. Despite a challenging start to our fiscal year, we remain confident that we will deliver adjusted operating earnings before depreciation and amortization from continuing operations for fiscal year 2026 that will be similar to fiscal year 2025 at the consolidated level. Lastly, building on the three acquisitions we completed last year and aligned with our growth strategy in growth activities that include in-store marketing, we expect to close another acquisition in this segment in the next few weeks, and I am confident in our growth plan."

"Furthermore, the sale of our packaging activities will contribute to reducing significantly our net indebtedness during fiscal year 2026," added Donald LeCavalier, Executive Vice President and Chief Financial Officer of TC Transcontinental. "Our balance sheet is solid, and we are well positioned to benefit from growth opportunities in our retail services and printing activities as well as in our educational publishing activities."