Cascades Reports Results for the Third Quarter of 2024
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Cascades Inc. reported its Q3 2024 financial results, showing a slight increase in sales compared to Q2 2024 but a decrease in operating income and net earnings per share compared to Q3 2023. The company also reduced its net debt from the previous quarter.
November 07, 2024 | 11:15 am
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Cascades Inc. reported Q3 2024 results with sales of $1,201 million, a slight increase from Q2 2024. However, operating income and net earnings per share decreased compared to Q3 2023. The company reduced its net debt from the previous quarter.
The financial results show mixed performance with a slight increase in sales but a decrease in operating income and net earnings per share compared to the previous year. The reduction in net debt is a positive sign, but the overall impact on the stock price is likely neutral due to the mixed results.
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