Improved Adjusted EBITDA
Adjusted EBITDA improved by double digits year-over-year to $72.5 million, representing an 11% increase compared to the previous year.
Revenue Growth
Revenue grew by over 5% in Q2 2025, driven by higher sales volume in the consumer business and favorable selling prices, with Canadian revenue increasing 7.4% and U.S. sales rising 2.4% year-over-year.
Memphis Facility Investment
An additional investment of USD 35 million was announced for the Memphis manufacturing facility to deploy a new multipurpose converting line, supporting U.S. business growth.
Net Income Increase
Net income totaled $22.1 million in Q2 2025, compared to $10.6 million in the same quarter of 2024, driven by FX gain differences, income tax recovery, and increased adjusted EBITDA.
Expansion of Brand Support
New campaigns for Cashmere and Purex brands and sponsorship of Canada's Got Talent contributed to increased consumer awareness and market share growth.