KINGSEY FALLS, QC , May 8, 2025 /PRNewswire/ - Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended March 31, 2025. Q1 2025 Highlights 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); Net earnings per common share of $0.07 (compared with a net loss per common share of ($0.13) in Q4 2024 and a net loss per common share of ($0.20) in Q1 2024); Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA
1) of $125 million (compared with $146 million in Q4 2024 and $103 million in Q1 2024); Adjusted net earnings per common share1 of $0.13 (compared with adjusted net earnings per common share1 of $0.25 in Q4 2024 and adjusted net loss per common share1 $0.00 in Q1 2024); Net debt1 of $2,216 million as of March 31, 2025 (compared with $2,096 million as of December 31, 2024).
