Canada's Flexible Solutions Q3 revenue up 36%, helped by full operations at Panama factory

Overview

• Canada biodegradable polymer maker's Q3 revenue rose 36% yr/yr

• Growth driven by Panama factory, ENP division, and food grade production progress

• Full Q3 financial results to be released November 13, 2026

Outlook

• Company did not provide specific guidance or outlook for future periods

Result Drivers

• PANAMA FACTORY - Co said full operations at Panama factory contributed to Q3 revenue growth

• ENP DIVISION - Co said ENP division had a strong quarter, helping drive Q3 results

• FOOD GRADE PRODUCTION - Co said progress in food grade production supported Q3 performance

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the specialty chemicals peer group is "buy"

• Wall Street's median 12-month price target for Flexible Solutions International Inc is $10.25, about 69.4% above its October 16 closing price of $6.05

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads

• Oct 16 - Logistics firm DHL's Q3 revenue climbs on higher demand; raises FY26 EBIT outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)