Jennifer Aitken
Director of Investor Relations
Replay available
Cascades Inc. (TSX: CAS) Q3 2025 earnings conference call, held 2025-11-06. Replay captured from the company's public earnings webcast.

Director of Investor Relations
President and Chief Executive Officer
Chief Financial Officer
Analyst, CIBC Capital Markets
Analyst, TD Cowen
Analyst, RBC Capital Markets
Analyst, National Bank Capital Markets
morning. My name is Joelle and I will be your conference operator today. At this time, I would like to welcome everyone to the Cascades third quarter 2025 financial results conference call. All lines are currently in listen-only mode. After the speaker's remarks, there will be a question and answer session. I will now pass the call to Jennifer Aitken, Director of Investor Relations for Cascades. Ms. Aitken, you may begin your conference. Thank you, Operator. Good morning, everyone, and thank you for joining our third quarter 2025 conference call. We will begin with an overview of our operational and financial results, followed by some concluding remarks, after which we will begin the question period. Today's speakers will be Hugues Simon, President and CEO, and Alan Hogg, CFO. Before turning over the call, I would like to highlight that certain statements made during this call will discuss historical and forward-looking matters. The accuracy of these statements is subject to risk factors that can have a material impact on actual results. These risks are listed in our public filings. These statements, the investor presentation, and the press release also include data that are not measures of performance under IFRS. please refer to our Q3 2025 investor presentation for details. This presentation, along with our third quarter press release, can be found in the investor section of our website. If you have any questions, please feel free to contact us after the session. I will now turn over the call to our CEO, Hugues Simon, who will begin with a review of our Q3 performance. Hugues? Thank you, Jennifer, and good morning, everyone. Our third quarter performance was stronger than our projections. This was driven by improved volumes, higher average selling prices, and lower...