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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  IPL Plastics Inc.    IPLP   CA44987Y1007

IPL PLASTICS INC.

(IPLP)
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IPL Plastics : Announcement re media transaction speculation - English

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05/18/2020 | 07:07am EDT

IPL Plastics Inc. Announcement re media transaction speculation

MONTREAL, May 18, 2020 - IPL Plastics Inc. ("IPLP" or the "Company") (TSX: IPLP) today stated that it is aware of media speculation regarding potential transactions that could involve the Company. The Company's policy is to refrain from commenting on market speculation. Furthermore, there is no additional material market update at this time as our recently issued Q1 2020 results, which were released and filed on May 13, 2020, included all relevant and necessary disclosures at this time.

About IPLP

IPLP is a leading sustainable packaging solutions provider primarily in the food, consumer, agricultural, logistics and environmental end-markets operating in Canada, the U.S, the U.K., Ireland, Belgium, China and Mexico. IPLP employs approximately 2,000 people and has corporate offices in Montreal and Dublin. For more information, please visit the Company's website at www.iplglobal.com.

Investor Enquiries

Contact

Paul Meade, Head of Investor Relations, +353 87 0655368

Disclaimer

IPL Plastics Inc. published this content on 18 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2020 11:05:07 UTC

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Financials (USD)
Sales 2020 555 M - -
Net income 2020 6,89 M - -
Net Debt 2020 271 M - -
P/E ratio 2020 31,0x
Yield 2020 -
Capitalization 225 M 225 M -
EV / Sales 2019
EV / Sales 2020 0,89x
Nbr of Employees 2 000
Free-Float 99,3%
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Technical analysis trends IPL PLASTICS INC.
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 5,03 $
Last Close Price 4,14 $
Spread / Highest target 76,0%
Spread / Average Target 21,7%
Spread / Lowest Target -14,2%
EPS Revisions
Managers
NameTitle
Alan Walsh President, Chief Executive Officer & Director
David Lyman McAusland Non-Executive Chairman
Pat Dalton Chief Financial Officer
Hugh James McCutcheon Independent Non-Executive Director
Rose Bridget Hynes Independent Non-Executive Director
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