Cascades Reports Results for the Fourth Quarter and Full Year 2022
Q4 2022 Highlights *Sales of $1,135 million (compared with $1,174 million in Q3 2022 and $1,028 million in Q4 2021) *Operating loss of $(20) million (compared with $25 million in Q3 2022 and $(90) million in Q4 2021) *Net loss per common share of $(0.27) (compared with a net loss per common share of ($0.02) in Q3 2022 and net earnings per common share of $1.04 in Q4 2021). 2022 Annual Highlights *Sales of $4,466 million (compared with $3,956 million in 2021) *Operating income of $33 million (compared with $50 million in 2021) *Net loss per common share of $(0.34) (compared with net earnings per common share of $1.60 in 2021)