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Cascades ( (TSE:CAS) ) just unveiled an update.
Cascades Inc. reported its financial results for the fourth quarter and full year 2024, highlighting a slight increase in sales and improved operating income compared to the previous year. Despite a net loss per common share, the company’s adjusted EBITDA improved, indicating better operational efficiency. The Containerboard and Specialty Products segments performed well due to favorable pricing and raw material costs. However, the depreciation of the Canadian dollar affected reported debt levels. Looking forward, Cascades anticipates higher capital expenditures in 2025 to support its growth and operational strategies.
More about Cascades
Cascades Inc. operates in the packaging and tissue products industry, focusing on the production of sustainable, innovative, and value-added solutions for customers. The company is recognized for its emphasis on environmentally friendly practices and products, serving markets across North America and internationally.
YTD Price Performance: 8.31%
Average Trading Volume: 7,103
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $912M
Find detailed analytics on CAS stock on TipRanks’ Stock Analysis page.
