KINGSEY FALLS, Quebec — Cascades reports its unaudited financial results for the three-month period ended March 31, 2025. Highlights include: Sales of $1,154 million (compared with $1,211 million in Q4 2024 and $1,109 million in Q1 2024); Operating income of $50 million (compared with $16 million in Q4 2024 and $9 million in Q1 2024); and Total capital expenditures, net of disposals, totaled $36 million in Q1 2025, compared to $29 million in Q4 2024 and $41 million in Q1 2024. Hugues Simon, CEO, commented: “Our first quarter performance was driven by lower volumes across our businesses as uncertainty regarding tariffs led to a deterioration in consumer and business sentiment beginning in mid-February, resulting in lower sales and profitability levels sequentially.