Intertape Polymer Group posts profit of $9.5 million in 1st quarter

ST LAURENT, Que. – VILLE ST LAURENT, Quebec (AP) _ Intertape Polymer Group Inc. (ITPOF) on Tuesday reported first-quarter net income of $9.5 million.

On a per-share basis, the Ville St Laurent, Quebec-based company said it had net income of 16 cents.

The packaging company posted revenue of $190.8 million in the period.

Intertape Polymer shares have increased 17 per cent since the beginning of the year. The stock has risen 15 per cent in the last 12 months.


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