Cascades Reports Results for the Third Quarter of 2024

Hugues Simon, President and CEO, commented: “We are pleased with our third quarter 2024 performance. Sequentially stronger results were driven by our Containerboard business, where higher average selling prices and lower production expenses offset the impact of higher raw material costs. Specialty Products results were stable, with stronger selling prices fully mitigating raw material cost and sales mix headwinds. As forecasted, third quarter Tissue Papers results were lower than the previous quarter due to higher average raw material costs and lower pricing related to the expected changes in the mix of products sold.”

Highlights: Sales of $1,201 million (compared with $1,180 million in Q2 2024 and $1,198 million in Q3 2023); Operating income of $36 million (compared with $34 million in Q2 2024 and $80 million in Q3 2023);
details at: https://www.prnewswire.com/news-releases/cascades-reports-results-for-the-third-quarter-of-2024-302297908.html

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