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Winpak Q2 2023 Earnings Report

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C$48.05 -0.31 (-0.64%)
(As of 12/20/2024 05:18 PM ET)

Winpak EPS Results

Actual EPS
C$0.83
Consensus EPS
C$0.78
Beat/Miss
Beat by +C$0.05
One Year Ago EPS
N/A

Winpak Revenue Results

Actual Revenue
$386.14 million
Expected Revenue
$423.85 million
Beat/Miss
Missed by -$37.71 million
YoY Revenue Growth
N/A

Winpak Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

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Winpak Earnings Headlines

Canadian Investment Regulatory Organization Trading Halt - WPK
I was wrong. Dead wrong.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
TSX Retreats After Posting New High, Settles Marginally Up
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About Winpak

Winpak (TSE:WPK) manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. The company operates is Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery segments. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, high-performance pouch, and high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, as well as shrink bags; and biaxially oriented nylon films for food packaging and industrial applications. The Rigid Packaging and Flexible Lidding segment offers portion control and single-serve containers, as well as plastic sheet, custom, and retort trays; die-cut, daisy chain, and rollstock formats for food, dairy, beverage, pet food, industrial, and healthcare applications; and specialized printed packaging solutions for the pharmaceutical, healthcare, nutraceutical, cosmetic, and personal care markets. The Packaging Machinery segment provides horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid, as well as various dry products. The company was incorporated in 1975 and is based in Winnipeg, Canada. Winpak Ltd. is a subsidiary of Wihuri International Oy.

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