Supremex Inc. announced strong results for the quarter and year ended December 31, 2015. Revenue in the 4Q 2015 was $41.3 million compared to $35.1 million in the 4Q 2014, up by $6.2 million, or 17.6%. Revenue for the year ended December 31, 2015 grew to $142.3 million, compared to $131.9 million in the same period of last year, an increase of $10.4 million, or 7.9%.

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Supremex reports 17.6% increase in 4Q revenue

Feb 18, 2016. /Lesprom Network/. Supremex Inc. announced strong results for the quarter and year ended December 31, 2015. Revenue in the 4Q 2015 was $41.3 million compared to $35.1 million in the 4Q 2014, up by $6.2 million, or 17.6%. This increase is mainly attributable to Supremex' growing footprint in the U.S. with a large contribution from the newly acquired Classic Envelope Inc. and the Company's existing Buffalo operations.

EBITDA stood at $8.1 million for the three-month period ended December 31, 2015 compared with $6 .5 million for the same period in 2014, an increase of $1 .6 million, or 24.8%. EBITDA margins stood at 19.6% compared to 18.5% during the 4Q 2014, an increase of 6.1%.

4Q net earnings grew by 39.5% reaching $3.8 million, compared with $2.7 million in the 4Q of last year.

Revenue for the year ended December 31, 2015 grew to $142.3 million, compared to $131.9 million in the same period of last year, an increase of $10.4 million, or 7.9%.

EBITDA grew by 26.2%, reaching $33.1 million compared with $26.2 million in 2014.

Adjusted EBITDA stood at $28.1 million, compared with $26.6 million for the same period in 2014. Supremex' disciplined approach to controlling its cost structure, improving utilization rates and generating costs synergies contributed to maintaining the level of EBITDA margin.

Net earnings increased by 44.2% reaching $15.9 million, compared with net earnings of $11 million in 2014.

Supremex Inc. is a leading North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products.