EBF - Ennis: Profitable But Growth Potential Is Not Evident
Ennis (EBF) is a U.S. printer and sells snap sets, continuous forms, laser-cut sheets, tags, labels, envelopes, integrated products, jumbo rolls and pressure sensitive products. The firm sells predominantly through private printers and independent distributors, and also sells to many of its competitors. Its wholly-owned subsidiaries Northstar Computer Forms and Adams McClure sells directly to a small number of customers. EBF operates 56 manufacturing plants throughout the United States in 20 strategically located states. Approximately 95% of the business products manufactured are custom and semi-custom products, constructed in a wide variety of sizes,