Business
Cascades Reports Results for the Fourth Quarter and Full Year 2025
Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period and fiscal year ended December 31, 2025.
About this update from Cascades Inc.
[{"type":"text","content":"KINGSEY FALLS, QC, Feb. 26, 2026 /CNW/ - Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period and fiscal year ended December 31, 2025.","length":173,"tagName":"p"},{"type":"text","content":"Q4 2025 Highlights","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales of $1,197 million (compared with $1,238 million in Q3 2025 and $1,211 million in Q4 2024);","length":96,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income of $76 million (compared with $73 million in Q3 2025 and $16 million in Q4 2024);","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"Net earnings per common share of $0.37 (compared with net earnings per common share of $0.29 in Q3 2025 and a net loss per common share of ($0.13) in Q4 2024);","length":159,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA (A)1) of $155 million (compared with $159 million in Q3 2025 and $146 million in Q4 2024);","length":180,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net earnings per common share1 of $0.40 (compared with $0.38 in Q3 2025 and $0.25 in Q4 2024);","length":103,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":636,"olType":false},{"type":"text","content":"2025 Annual Highlights","length":22,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales of $4,776 million (compared with $4,701 million in 2024);","length":63,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income of $235 million (compared with $95 million in 2024);","length":69,"tagName":"p"}]},{"val":[{"type":"text","content":"Net earnings per common share of $0.70 (compared with a net loss per common share of ($0.31) in 2024);","length":102,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA (A)1) of $576 million (compared with $501 million in 2024);","length":139,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net earnings per common share1 of $1.10 (compared with $0.60 in 2024);","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"Net debt1 of $1,896 million as of December 31, 2025 (compared with $2,096 million as of December 31, 2024)....