Cascades reports Q1, 2026 net earnings of $39 million

Cascades Inc.
May 7, 2026
Category: Finance & Economics
Region: Canada, Canada East

KINGSEY FALLS, Quebec — Cascades reported its unaudited financial results for the three-month period ended March 31, 2026. Q1 2026 Highlights include: Sales of $1,125 million (compared with $1,197 million in Q4 2025 and $1,154 million in Q1 2025); Net earnings of $39 million or per common share of $0.38 (compared with $0.37 in Q4 2025 and $0.07 in Q1 2025); Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $118 million (compared with $155 million in Q4 2025 and $125 million in Q1 2025). …Hugues Simon, CEO, commented: “As disclosed in our revised outlook on April 10, weather‑related disruptions across the U.S., combined with heightened volatility in transportation and fuel costs, drove operating costs above plan. Additionally, recent geopolitical developments weighed on consumer confidence and spending, resulting in packaging volumes below our original assumptions.

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