Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
At Build to Last 2026, Saint-Gobain Vietnam announced it has achieved “Zero Carbon” manufacturing for its DURAflex fiber cement sheet plant in Quảng Trị, with no carbon emissions for Scope 1 and Scope 2. The company said it is the first in its industry to reach this milestone. The Zero…
Cascades Inc. (TSX: CAS) will release its first quarter 2026 financial results before market open on Thursday, May 7, 2026, and will hold a conference call at 9:00 AM ET to discuss the results.
Time: 9:00 AM ET
Webcast: Available live and archived on the Company’s website in the “Investors” section.
Replay: +1 (888) 660-6345 / +1 (289) 819-1450 (international)
Access code: 49689 (until June 7, 2026)
The company said it is updating its outlook for the first quarter of 2026 to reflect a combination of external and operational factors that emerged during the quarter. It cited weather disruptions in the U.S. and heightened volatility in transportation and fuel surcharges, which increased operating costs. It also pointed to geopolitical events that it said negatively affected consumer confidence and spending, resulting in lower packaging volumes.
In addition, Cascades said performance was impacted by execution inefficiencies in the second half of the quarter.
As a result of these factors, Cascades expects first quarter 2026 consolidated adjusted earnings before interest, taxes, depreciation and amortization (EBITDA (A)1) to be in the range of $115 million to $120 million, down from a previously disclosed range of $130 million to $142 million.
The company said the revised outlook largely reflects lower results for the packaging segment, while tissue segment results are slightly below the earlier communicated range. Cascades noted the revised outlook is based on information available to it as of the release date of the press release and could change once preparation of the interim financial statements for the first quarter of 2026 is completed.
Cascades reiterated its longer-term objective of generating $100 million of profitability improvements by the end of 2026 through ongoing cost reduction, logistics and productivity efficiency initiatives.
The company also said it is implementing announced price increases in its Containerboard and uncoated recycled board business segments, and that price increases have been announced for some Tissue product categories. It added that additional pricing strategies are being evaluated to mitigate external headwinds.
Cascades further stated it is on track to realize an additional $100 million in proceeds from the sale of non-core and redundant assets in 2026, and reiterated its leverage objective of 2.5x to 3.0x by year-end 2026.
(1) Please refer to supplemental information on non-IFRS Accounting Standards measures and other financial measures available on pages 53 to 59 of our 2025 Annual Report, Management Discussion & Analysis, available on SEDAR+ at www.sedarplus.ca.
Certain statements in the press release are forward-looking statements based on current expectations. These statements may be identified by words such as “outlook,” “believe,” “potential,” “seek,” “predict,” “may,” “likely,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” or similar terms. Forward-looking statements include statements concerning the company’s revised consolidated results outlook for the first quarter of 2026.
The company said the accuracy of forward-looking statements is subject to risks, uncertainties and assumptions that could cause actual results to differ materially, including economic conditions, decreases in demand for the company’s products, the cost and availability of raw materials, changes in currency values, fluctuations in selling prices, and adverse changes in market and general industry conditions.
Cascades said the information is based on the best estimates currently available and that uncertainties, risks and assumptions are discussed in the “Risk Factors” section of its most recent Annual Report available on SEDAR+ and on its website. The company also stated it disclaims any intention or obligation to update or revise forward-looking statements except as required by applicable securities legislation.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
