Corporate Profile

Intertape Polymer Group Inc. is a recognized leader in the development, manufacture and sale of a variety of paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics and complementary packaging systems for industrial and retail use. Headquartered in Montreal, Quebec and Sarasota, Florida, the Company employs approximately 1,800 employees with operations in 16 locations, including 10 manufacturing facilities in North America and one in Europe.

Stock Chart / Stock Price
Fiscal Year 2013 Highlights
  • Gross margin increased to 20.3% from 17.7% last year
  • Adjusted EBITDA increased 20.4% to $103.1 million
  • Cash flows from operating activities before changes in working capital were $90.8 million compared to $78.7 million last year
  • Redeemed remaining $38.7 million of Senior Subordinated Notes ("Notes")
  • Total debt reduced by $21.5 million
  • Adjusted fully diluted EPS of $1.68 (includes $0.62 per share of positive impact from the recognition of deferred tax assets) compared to $0.65 last year

Other Announcements
  • On February 6, 2014, the Board of Directors declared a quarterly dividend of $0.08 per common share
Safe Harbor Statement

Certain statements and information included on this website constitutes "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, (collectively, "forward-looking statements") and are made in reliance upon the protections provided by such legislation for forward-looking statements. All statements other than statements of historical facts included on this website, including statements regarding the Company’s industry and the Company’s prospects, plans, financial position and business strategy may constitute forward-looking statements. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industries in which the Company operates as well as current beliefs and assumptions of the Company’s management. Such statements include, in particular, statements about the Company’s plans, prospects, financial position and business strategies. Words such as "may," "will," “should,” "expect," "continue," "intend," "estimate," "anticipate," "plan," "foresee," "believe" or "seek" or the negatives of these terms or variations of them or similar terminology are intended to identify such forward-looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, these statements, by their nature, involve risks and uncertainties and are not guarantees of future performance. Such statements are also subject to assumptions concerning, among other things: the Company’s anticipated business strategies; anticipated trends in the Company’s business; anticipated savings from the Company’s manufacturing plant rationalization initiatives; anticipated cash flows from the Company’s operations; availability of funds under the Company’s Asset-Based Loan facility; and the Company’s ability to continue to control costs. The Company can give no assurance that these statements and expectations will prove to have been correct. Actual outcomes and results may, and often do, differ from what is expressed, implied or projected in such forward-looking statements, and such differences may be material. Readers are cautioned not to place undue reliance on any forward-looking statement. For additional information regarding some important factors that could cause actual results to differ materially from those expressed in these forward-looking statements and other risks and uncertainties, and the assumptions underlying the forward-looking statements, you are encouraged to read "Item 3. Key Information - Risk Factors" in the Company’s Annual Report on Form 20-F for the year ended December 31, 2012 and the other statements and factors contained in the Company’s filings with the Canadian securities regulators and the US Securities and Exchange Commission. Each of the forward-looking statements speaks only as of the date of the issuance of such report. The Company does not undertake any obligation to publicly update these statements unless applicable securities laws require it to do so.