Financial Matters
New Plants and Print Investors
Goals for Next year
“We plan to manage Ennis to survive and thrive in any foreseeable model”
We must try to maintain a normal work environment for our vendors, sales force, plants, and our customers. If we get caught in too much of the chatter we will lose FOCUS.We believe that we can continue to generate operating profits during this turmoil, and that we will use such profits to continue our current dividend program. We anticipate coming out of this period financially solid and possibly with greater opportunities for acquisitions.
See how our current products are profiting ...
Integrate products
Continuous forms
Laser cut sheets
Snap sets
Tags
Labels
Envelopes
Jumbo rolls
Business Overview
Our management believes we are the largest provider of business forms, pressure-seal forms, labels, tags,
envelopes, and presentation folders to independent distributors in the United States.
We are in the business of manufacturing, designing and selling business forms and other printed business products
primarily to distributors located in the United States.
Recent Acquisitions
The Flesh Company
We have completed a number of acquisitions in recent years. On July 15, 2019, we acquired all the outstanding stock of The Flesh Company for approximately $9.9 million plus the assumption of trade payables, subject to final working capital and certain other adjustments.
Integrated Print Graphics
On March 16, 2019, we acquired the assets of Integrated Print & Graphics, which is based in South Elgin, Illinois, for $8.9 million in cash plus the assumption of trade payables, subject to certain adjustments.
Wright Business Graphics
On July 31, 2018, we acquired, by way of a merger, all of the outstanding equity interests of Wright Business Forms Inc. Wright Business Graphics, a printing company headquartered in Portland, Oregon with additional locations in Washington and California.
Allen-Bailey Tag & Label
On April 30, 2018, we acquired the assets of Allen-Bailey Tag & Label, a tag and label operation located in New York for $4.7 million in cash plus the assumption of trade payables, subject to a working capital adjustment
Intellectual Property
We market our products under a number of trademarks and trade names. The protection of our trademarks is important to our business. We believe that our registered and common law trademarks have significant value and
these trademarks are important to our ability to create and sustain demand for our products.
Stock Performance Graph
The graph below matches our cumulative 5-year total shareholder return on common stock with the cumulative total returns of the S&P 500 Index and the Russell 2000 Index. The graph tracks the performance of a $100 investment in our common stock and in each of the indexes (with the reinvestment of all dividends) from February 28, 2015 to February 29, 2020.
