Transcontinental Inc Q3 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : First off, good quarter and great job managing through this. Maybe just the first question on packaging. I'm just trying to just get an understanding of the margin tailwind from the resin in the quarter, and sort of maybe how much of that you'll need to get back in Q4. And again, sort of understand what's happening. And just maybe just trying to quantify it.

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : Okay. That's very helpful. Yes, I think when you were talking about sort of long-term margin for this business, you just used to sort of loosely talk about, I guess, 15%. You're trending well above that, sort of even in Q4. It sounds like you'll be above that even with the resin impact. So I guess is 15% sort of still the right number to think about? Or are you now starting to think maybe something a bit better?

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : Okay. The -- on the organic growth of 4% number you quoted sort of ex resin. I guess I'm just curious if sort of have those rates of growth -- sort of the cadence, has it sort of abated a bit as we sort of move through the summer and sort of away from sort of, I guess, the peak sort of maybe pantry stocking from COVID?

Question: Mark Neville - Scotiabank Global Banking and Markets, Research Division - Analyst : Okay. Maybe just one last question if I can sneak it in. I'm not sure if I missed it in any of the notes, but have you quantified the weight subsidy benefit in the quarter?