Strong Revenue Growth
Revenue increased by nearly 14% in Q1 2025 year-over-year, driven by pre-shipped volume ahead of tariffs, favorable selling prices, and positive foreign exchange impact.
Increase in Adjusted EBITDA
Adjusted EBITDA grew nearly 13% year-over-year to $75.8 million, attributed to higher sales volume, increased selling prices, and lower manufacturing overhead costs.
U.S. Sales Performance
U.S. sales showed a strong upward trend with growth of 21.7% year-over-year.
Sherbrooke Expansion Project Success
The new LDC paper machine in Sherbrooke exceeded start-up expectations and is anticipated to meet all in-house paper requirements in Q2 2025.
Sustainability Achievements
Reported a 26% reduction in GHG emissions, a 35% decrease in water consumption, and 100% use of certified fibers.