Cascades Inc ( (CADNF) ) has released its Q1 earnings. Here is a breakdown of the information Cascades Inc presented to its investors.
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Cascades Inc., a Canadian company, is a leader in sustainable packaging, hygiene, and recovery solutions, operating in the packaging and tissue sectors across North America. In its first quarter of 2025, Cascades reported sales of $1,154 million, a slight increase from the previous year, driven by higher selling prices and favorable foreign exchange rates. The company’s operating income rose to $50 million, and net earnings per share improved to $0.07, marking a significant turnaround from losses in the previous quarters. Key financial metrics showed a mixed performance, with adjusted EBITDA at $125 million, down from the previous quarter but up year-over-year, and net debt rising to $2,216 million. The company faced challenges such as lower volumes and higher operational costs, but benefited from favorable pricing and raw material costs. Looking ahead, Cascades anticipates stronger results in the second quarter, expecting improvements in both packaging and tissue segments, despite ongoing economic uncertainties.