Justin Ages's questions to UFP Technologies Inc (UFPT) leadership • Q2 2025
Question
Justin Ages of CJS Securities questioned if there were any changes in market share for drape production and requested an update on the M&A funnel, including activity levels and target end markets.
Answer
Chairman & CEO R. Jeffrey Bailly affirmed that UFP's market share for drapes remains steady at approximately two-thirds. Regarding M&A, Bailly highlighted a strong focus on the injection molding space to support its technology roadmap, noting the recent TPI acquisition as a key step. He emphasized a disciplined approach, seeking targets that are a strong cultural, strategic, and economic fit.