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: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst
: If I can maybe just talk about the Print. You mentioned 45% declines in April. I'm just wondering if you could sort of in round numbers, sort of share
with us what May may have looked like and sort of what you're seeing in early June. If you could do that.
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JUNE 10, 2020 / 8:15PM, TCLa.TO - Q2 2020 Transcontinental Inc Earnings Call
Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst
: Okay. No, that's very helpful. Appreciate that. Maybe on the margin and packaging again, you sort of -- you've already sort of answered, I guess,
last question. But when I think about sort of all the things that helped this quarter, for the time being, they sort of feel sustainable. So I guess, in
and around 15%, 16% sort of feels like a good baseline number to use from here. Is that sort of fair? Because again, you've seen a material step-up
this quarter, but it feels like it's sustainable.
Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst
: Okay. If I could ask maybe just one last question, just broader -- just around the balance sheet and capital allocation. Obviously, the balance sheet
is in good shape. But I'm just thinking about near-term priorities, dividend, M&A, sort of leverage ratios, where you're comfortable sort of in the
current environments. Yes. Just broad comments or thoughts on that.
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