KINGSEY FALLS, Quebec — Cascades reported its unaudited financial results for the three-month period and fiscal year ended December 31, 2025. Highlights include: Sales of $1,197 million (compared with $1,238 million in Q3 2025 and $1,211 million in Q4 2024); Net earnings of $36 million (compared with $29 million in Q3, 2025 and -$13 million in Q4, 2024). For the full year 2025, Cascades reported sales of $4,776 million (compared with $4,701 million in 2024); and Net earnings of $70 million (compared with -31 million in 2024). …Hugues Simon, President and CEO, commented: our tissue operations did not meet efficiency and logistics execution objectives in the quarter. These effects were compounded by an unplanned power outage at one of our facilities that further impacted production levels, supply chain efficiency and added incremental operating costs of approximately $6 million in the period. The countermeasures we have already put in place to address these issues are generating positive traction.