Cascades Inc. Reports Steady Sales and Strategic Outlook

Cascades Inc ( (CADNF) ) has released its Q4 earnings. Here is a breakdown of the information Cascades Inc presented to its investors.

Cascades Inc. is a Canadian company specializing in sustainable packaging, hygiene, and recovery solutions, operating primarily in North America with a focus on innovative recycling and environmental stewardship. The company reported its financial results for the fourth quarter and full year of 2024, highlighting a modest increase in sales compared to the previous year.

In the fourth quarter of 2024, Cascades Inc. achieved sales of $1,211 million, up from $1,138 million in the same quarter of 2023. The company recorded an operating income of $16 million, a notable improvement from a loss in the previous year. However, it reported a net loss per share of $0.13, although this was a reduction from the $0.57 loss per share in Q4 2023. The annual sales for 2024 stood at $4,701 million, a slight increase from $4,638 million in 2023.

The company’s adjusted EBITDA for Q4 2024 was $146 million, an increase from $122 million in Q4 2023. The Containerboard segment saw increased selling prices, contributing to the financial performance, despite higher raw material costs impacting overall profitability. The Tissue Papers segment also experienced favorable selling prices. Cascades’ net debt increased to $2,096 million by year-end 2024, with a net debt to EBITDA ratio of 4.2x, reflecting a higher financial leverage compared to the previous year.

Looking ahead, Cascades Inc. is focusing on strategies to mitigate potential impacts from international tariffs, which could influence its cross-border sales and sourcing. The company plans to invest in efficiency and productivity improvements while prioritizing debt reduction and long-term growth opportunities. Management remains cautious but optimistic about maintaining operational stability amid economic uncertainties.