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Cascades Inc (CAS.TO)

CAS.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cascades Q2 Adjusted Earnings Per Share C$0.28
Friday, 9 Aug 2019 

Cascades Inc ::CASCADES ANNOUNCES RECORD SALES AND ADJUSTED OIBD FOR THE SECOND QUARTER OF 2019; QUARTERLY DIVIDEND INCREASED FROM $0.04 TO $0.08 PER SHARE.Q2 ADJUSTED EARNINGS PER SHARE C$0.28.Q2 EARNINGS PER SHARE C$0.33.Q2 SALES C$1.275 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.27 BILLION.Q2 EARNINGS PER SHARE ESTIMATE C$0.33 -- REFINITIV IBES DATA.  Full Article

Cascades Announces Agreement For The Acquisition Of Orchids Paper Products Assets
Tuesday, 2 Jul 2019 

July 1 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES AGREEMENT FOR THE ACQUISITION OF ORCHIDS PAPER PRODUCTS ASSETS.CASCADES INC - CASCADES WILL PAY A CASH CONSIDERATION OF US$207 MILLION, FINANCED BY COMPANY'S CREDIT FACILITIES..CASCADES INC - ACQUIRED ASSETS OF ORCHIDS PAPER PRODUCTS ARE EXPECTED TO GENERATE ANNUAL EBITDA OF APPROXIMATELY US$45 MILLION BEGINNING IN 2021.CASCADES - ENTERED AGREEMENT FOR ACQUISITION OF SUBSTANTIALLY ALL OF ASSETS OF ORCHIDS PAPER PRODUCTS CO FOLLOWING U.S. BANKRUPTCY COURT APPROVAL.  Full Article

Cascades Announces The End Of Its Operation At Its Trois-Rivières Plant
Thursday, 28 Mar 2019 

Cascades Inc ::CASCADES ANNOUNCES THE END OF ITS OPERATION AT ITS TROIS-RIVIÈRES PLANT.CASCADES INC - WILL DISCONTINUE MANUFACTURING FELT BACKING FOR FLOORING AT ITS LUPEL PLANT IN TROIS‑RIVIÈRES, QUÉBEC..CASCADES INC - 35 EMPLOYEES WILL BE AFFECTED BY RESULTING PLANT CLOSURE.CASCADES INC - PLANT CLOSURE, IS EXPECTED ON OR ABOUT JULY 1, 2019..CASCADES INC - WILL BE PERMANENTLY WITHDRAWING FROM FELT PRODUCTION FOR FLOOR COVERING MARKET.CASCADES INC - IN COMING WEEKS, COMPANY WILL OFFER STAFF IMPACTED BY CLOSURE POSSIBILITY OF RELOCATING TO ITS OTHER BUSINESS UNITS.  Full Article

Cascades Q4 Adjusted Earnings Per Share C$0.00
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2018.Q4 ADJUSTED EARNINGS PER SHARE C$0.00.Q4 LOSS PER SHARE C$0.69.Q4 EARNINGS PER SHARE ESTIMATE C$0.30 -- REFINITIV IBES DATA.QUARTERLY SALES OF C$1,196 MILLION VERSUS C$1,082 MILLION.  Full Article

Cascades Q2 Adjusted Earnings Per Share C$0.30
Thursday, 9 Aug 2018 

Cascades Inc ::CASCADES ANNOUNCES STRONG RESULTS FOR THE SECOND QUARTER OF 2018.Q2 ADJUSTED EARNINGS PER SHARE C$0.30.Q2 EARNINGS PER SHARE C$0.28.Q2 SALES C$1.179 BILLION VERSUS I/B/E/S VIEW C$1.15 BILLION.Q2 EARNINGS PER SHARE VIEW C$0.29 -- THOMSON REUTERS I/B/E/S.  Full Article

Cascades Reports Qtrly Net Earnings Per Common Share Of $0.65
Thursday, 10 May 2018 

May 10 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2018; STRONG CONTAINERBOARD FUNDAMENTALS DRIVING POSITIVE OUTLOOK FOR REMAINDER OF YEAR.QTRLY SALES OF $1,098 MILLION.QTRLY NET EARNINGS PER COMMON SHARE OF $0.65.QTRLY ADJUSTED NET EARNINGS PER COMMON SHARE OF $0.13.Q1 EARNINGS PER SHARE VIEW C$0.21, REVENUE VIEW C$1.12 BILLION -- THOMSON REUTERS I/B/E/S."EXPECT PROFITABILITY LEVELS IN OUR TISSUE PAPER DIVISION TO REMAIN UNDER PRESSURE".  Full Article

Cascades Reports Q1 Adjusted Earnings Per Share Of C$0.13
Thursday, 10 May 2018 

May 10 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2018; STRONG CONTAINERBOARD FUNDAMENTALS DRIVING POSITIVE OUTLOOK FOR REMAINDER OF YEAR.Q1 ADJUSTED EARNINGS PER SHARE C$0.13.Q1 EARNINGS PER SHARE C$0.65.Q1 SALES C$1.098 BILLION VERSUS I/B/E/S VIEW C$1.12 BILLION.Q1 EARNINGS PER SHARE VIEW C$0.21 -- THOMSON REUTERS I/B/E/S.  Full Article

Cascades Announces Early Tender Results Of Cash Tender Offers For 5.5% And 5.75% Senior Notes
Wednesday, 13 Dec 2017 

Dec 12 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES EARLY TENDER RESULTS OF CASH TENDER OFFERS FOR ITS 5.500% SENIOR NOTES DUE 2022 AND 5.750% SENIOR NOTES DUE 2023.  Full Article

Cascades Acquires Containerboard Packaging Plants In Ontario And Increases Its Ownership In Greenpac
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Cascades Inc ::CASCADES ACQUIRES CONTAINERBOARD PACKAGING PLANTS IN ONTARIO AND INCREASES ITS OWNERSHIP IN GREENPAC.CASCADES INC - ‍TOTAL COST OF TRANSACTION AMOUNTS TO $49 MILLION​.CASCADES INC - ‍CONTAINERBOARD PACKAGING PLANTS WERE ACQUIRED FOR A CONSIDERATION OF $28 MILLION, INCLUDING AN ASSUMED DEBT OF $4 MILLION​.CASCADES INC - ‍ALSO ACQUIRED COYLE FAMILY'S 33% STAKE IN TENCORR​.CASCADES INC - ‍ALSO ACQUIRED ADDITIONAL INTEREST IN CONTAINERBOARD PARTNERS, ONE OF GREENPAC'S SHAREHOLDERS, INCREASING HOLDINGS IN GREENPAC TO 66.1%.  Full Article

Cascades Announces Cash Tender Offers
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES CASH TENDER OFFERS FOR UP TO US$200 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 5.500% SENIOR NOTES DUE 2022 AND 5.750% SENIOR NOTES DUE 2023.CASCADES INC - ‍TENDER OFFERS WILL EACH EXPIRE AT 9:00 AM NEW YORK CITY TIME, ON DEC 27​.CASCADES INC - ‍TENDER OFFER WITH RESPECT TO 2022 NOTES IS SUBJECT TO A MAXIMUM AGGREGATE PRINCIPAL AMOUNT SUBLIMIT OF US$150 MILLION​.  Full Article