Strong Financial Performance
Adjusted EBITDA increased by 30.4% year-over-year to $85.7 million on revenue of $561.1 million. Revenue growth of nearly 8% was driven by higher sales volume, favorable selling prices, and a positive foreign exchange impact.
Consumer Business Growth
Consumer share gains in the paper towel and facial tissue categories were reported, with U.S. sales growing 8.8% year-over-year. Kruger Products branded market share in Canada showed strong growth in the paper towel category.
Successful Debt Reduction
Reduced net debt by $87.9 million, bringing the leverage ratio down to 3.4x from 4.0x in Q2 2025.
Recognition for Sustainability
Bonterra brand was named the most sustainable brand in Canada in 2025 by Kantar BrandZ, reflecting strong sustainability efforts.
New Tissue Plant Announcement
Announced the construction of a new state-of-the-art tissue plant in the Western United States, scheduled to start up in 2028, to enhance serving capabilities for the U.S. market.