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Cascades Inc (CAS.TO)

CAS.TO on Toronto Stock Exchange

12.10CAD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

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
Tuesday, 12 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
Tuesday, 28 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

Cascades announces Q3 earnings per share C$0.35
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Cascades Inc :Cascades announces third quarter 2017 results; approaches target debt leverage ratio.Q3 adjusted earnings per share C$0.20.Q3 earnings per share C$0.35.Q3 sales C$1.103 billion versus I/B/E/S view C$1.18 billion.Q3 earnings per share view C$0.26 -- Thomson Reuters I/B/E/S.  Full Article

Cascades Sonoco invests $16 mln to expand Birmingham facility
Friday, 24 Feb 2017 

Cascades Inc : Cascades sonoco-announced investment of approximately $16 million for expansion of its existing Birmingham, Ala., facility .Cascades sonoco - installation of new equipment and expansion in facility will begin early this year, start-up is expected in q2 of 2018.  Full Article

Cascades Q2 earnings per share C$0.38 excluding items
Friday, 5 Aug 2016 

Cascades Inc : Cascades continues to improve its results for the second quarter of 2016 . Q2 earnings per share C$0.38 . Q2 earnings per share view C$0.29 -- Thomson Reuters I/B/E/S . Q2 earnings per share C$0.38 excluding items . Q2 sales c$998 million versus I/B/E/S VIEW C$1.03 billion . Do not expect Q3 results to match record performance achieved during q3 of last year .Net debt of $1,664 million as at June 30, 2016 (compared to $1,684 million as at march 31, 2016).  Full Article

CANADA STOCKS - TSX rises 0.31 percent, lifted by Enbridge

NEW YORK, May 10 * The Toronto Stock Exchange's S&P/TSX rose 48.69 points, or 0.31 percent, to 15,959.50. * The biggest contributor to the TSX gain was Enbridge, up 1.9 percent, to add 9.45 net index points after the pipeline company posted quarterly results and said it may sell more assets this year. Materials was the top sector contributor with a 15 net points boost.