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Results propel Intertape to 52-wk. high



Intertape Polymer Group Inc. (T.ITP) hit a new 52-week high of $6.01 Wednesday. Intertape Polymer today released results for the first quarter 2012. All dollar amounts are US denominated unless otherwise indicated.

First quarter revenue increased 3.3% to $198.9 million, compared to $192.6 million in 2011 and was higher by 8.7% sequentially from $183.0 million for the fourth quarter of 2011.

Gross profit totalled $32.9 million in the first quarter of 2012, an increase of 38.2% from the first quarter of 2011 and an increase of 19.2% from the fourth quarter of 2011.

Contrans Group Inc. (T.CSS) hit a new 52-week high of $9.47 Wednesday. No news announcements today

Dollarama Inc. (T.DOL) hit a new 52-week high of $57.57 Wednesday. No news announcements today