Pollard Banknote (TSE:PBL) reported lower first-quarter revenue and profit, with management attributing the decline primarily to temporary timing and mix issues in its instant ticket business, while pointing to stronger order levels and digital contract activity as reasons for confidence in the remainder of 2026.
Co-Chief Executive Officer Doug Pollard said the quarter was “challenging” and was particularly affected by negative factors in the company’s instant ticket product line. However, he said the issues were temporary and related to the timing of customer orders.
