Cascades announces an important repositioning of its Tissue Papers platform to enhance the performance of the business. The Company will simplify operations by concentrating the majority of its tissue product operating activities at core, geographically well-positioned sites that offer opportunities for future development. These changes will reduce costs, create synergies and significantly improve the Tissue Group's financial, operational and environmental performance.
Cascades Announces a Repositioning of its Tissue Papers Operating Platform paperage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paperage.com Daily Mail and Mail on Sunday newspapers.
Beginning in July 2023, Cascades will progressively close its underperforming plants in Barnwell, South Carolina, and Scappoose, Oregon, as well as the virgin paper tissue machine at its St. Helens plant, also in Oregon.
/PRNewswire/ - Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period and fiscal year ended December 31, 2022. Q4 2022.
Cascades press release (CADNF): Q4 Non-GAAP EPS of C$0.22.Revenue of C$1.13B (+9.7% Y/Y). "We are remaining prudent in our outlook, as macro-economic conditions continue to be.