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Cascades Reports Results for the Third Quarter of 2025
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Cascades Reports Results for the Third Quarter of 2025

Cascades delivered strong Q3 2025 financial performance with sales reaching $1.238 billion and operating income doubling to $73 million year-over-year. The packaging and tissue company achieved significant operational milestones, including successful Bear Island production ramp-up at 90% capacity and effective Niagara Falls mill closure execution. Net debt decreased $81 million to $2.023 billion, improving leverage ratio from 3.8x to 3.6x. Management expects stable Q4 performance while advancing strategic asset monetization initiatives, targeting $120 million in proceeds by mid-2026 for debt reduction. These results demonstrate the corporation's commitment to financial excellence and operational optimization in challenging market conditions.

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