4 August 2021
Transcontinental Gains Favor With Stock Market
NEW YORK— 
The printing industries largest public company
The printing industries largest public company
Transcontinental (TSX:TCL.A) has been getting some high marks in the financial community. A growing number of  financial analysts have been making very positive  comments about the company. Printing companies have not been liked by the financial markets for years.  Such as: Transcontinental  has been growing its payouts for about 19 consecutive years. It’s currently trading at $24.3 per share and is very reasonably valued (the price-to-earnings ratio is 13, and the price-to-book ratio is 1.2) right now.
Brampton plant  was converted from web to wide format
Brampton plant was converted from web to wide format
it has grown about 58% in the last 12 months. Transcontinental  is offering a decent 3.6% at a very safe payout ratio of 48.1%. The revenues, while still not recovered from pre-pandemic levels, might pick up soon, and a strong earnings result might become the catalyst for the next growth phase of the company. As Canada’s largest printer and one of the largest packaging companies in the world, Transcontinental has a powerful position in the industry. It also has an impressive international presence.
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Mr Beastly says:
was this not installed over a year ago? Saw another press release on it from 2023??
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