Cascades Q2 FY26 net earnings fall to CAN$ 21 million; net sales rise 8% to CAN$ 1.22 billion vs Q1 FY26

• Cascades swung to net earnings of CAN$ 21 million, or CAN$ 0.21 per share, from a net loss of CAN$ 3 million a year earlier.
• Sales rose 3% to CAN$ 1.22 billion; adjusted EBITDA (non-IFRS) edged up to CAN$ 140 million as the margin held at 11.5%.
• Net debt slipped to CAN$ 1.88 billion from CAN$ 1.9 billion sequentially; leverage was unchanged at 3.3x net debt-to-EBITDA (non-IFRS).
• Packaging posted record quarterly production at Bear Island and Greenpac, with pricing gains from March/April increases; transportation costs rose sequentially.
• Outlook calls for adjusted EBITDA (non-IFRS) of CAN$ 155 million to CAN$ 165 million in Q3, excluding potential impacts from tariffs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cascades Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.