The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Stephen MacLeod - BMO Capital Markets Equity Research - Analyst
: Just had a couple of questions, just on the packaging business. I was wondering if you could quantify sort of the margin impact difference between
the resin price inflation and the production inefficiencies, just how much of the year-over-year decline would have been would have been attributable
to each of those 2 factors?
Question: Stephen MacLeod - BMO Capital Markets Equity Research - Analyst
: Right. Okay. So still the majority of it would have been the production inefficiencies that you realized because of the Omicron impact?
Question: Stephen MacLeod - BMO Capital Markets Equity Research - Analyst
: Okay. That's helpful. And then, just on in terms of, you obviously got a lot of price in the quarter, roughly, I guess, of the 12% organic, it was kind
of a 11% price. I'm just curious, as you've seen, the resin price come off a little bit or sort of stabilize, would you expect to realize a certain -- a similar
level of pricing into fiscal Q2?
Question: Stephen MacLeod - BMO Capital Markets Equity Research - Analyst
: Just trying to -- just trying to gather what the pricing impact you would expect to see in Q2 relative to Q1. I was just saying that -- so it looked like
it was about 11% price in Q1, I'm just curious how you see that evolving in Q2.
Question: Stephen MacLeod - BMO Capital Markets Equity Research - Analyst
: That's a lot of great color, Peter. And then, maybe just finally, you kind of alluded in the press release to significant increase in the demand backlog.
I'm just curious if there's a way you could sort of frame that for us in terms of, are you seeing that in specific end markets and is there a way to sort
of quantify what that might potentially mean in term of volumes?
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