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KP Tissue Achieves Record Revenue in 2024 Amid Expansion Plans

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KP Tissue Achieves Record Revenue in 2024 Amid Expansion Plans

KP Tissue ( (TSE:KPT) ) has provided an announcement.

KP Tissue Inc. reported record revenue exceeding $2 billion for 2024, with strong Adjusted EBITDA across all quarters, despite challenges like volatile pulp prices. The company is exploring the construction of a new manufacturing facility to enhance its market share and product offerings in North America. Additionally, KP Tissue is preparing contingency plans to address potential U.S. tariffs and is leveraging patriotic consumer sentiment in Canada through marketing campaigns.

More about KP Tissue

KP Tissue Inc. is a leading Canadian manufacturer of quality tissue products, serving both the consumer market with brands like Cashmere, Purex, and Scotties, and the Away-From-Home market. The company is expanding its presence in the U.S. consumer tissue business with the White Cloud brand and premium private label products.

YTD Price Performance: -1.84%

Average Trading Volume: 15,054

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$80.05M

See more data about KPT stock on TipRanks’ Stock Analysis page.

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