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Earnings Call Summary | CASCADES INC(CADNF.US) Q1 2024 Earnings Conference

Earnings Call Summary | CASCADES INC(CADNF.US) Q1 2024 Earnings Conference

财报电话会议摘要 | CASCADES INC (CADNF.US) 2024 年第一季度财报会议
moomoo AI ·  05/11 13:51  · 电话会议

The following is a summary of the Cascades Inc. (CADNF) Q1 2024 Earnings Call Transcript:

以下是喀斯喀特公司(CADNF)2024年第一季度财报电话会议记录的摘要:

Financial Performance:

财务业绩:

  • Cascades Inc. reported a decrease in Q1 sales by roughly 2.5% sequentially and year-over-year.

  • The consolidated EBITDA was $103 million, indicating a decrease by 23% from the prior year and 16% from the last quarter.

  • Despite the decrease in EBITDA, the Q1 net loss per share improved substantially to $0.20 from a net loss per share of $0.57 in Q4 of 2023.

  • Cascades Inc.报告称,第一季度销售额连续下降了约2.5%,同比下降了约2.5%。

  • 合并后的息税折旧摊销前利润为1.03亿美元,比上年下降23%,比上一季度下降16%。

  • 尽管息税折旧摊销前利润有所下降,但第一季度的每股净亏损从2023年第四季度的每股净亏损0.57美元大幅改善至0.20美元。

Business Progress:

业务进展:

  • The company has seen an 8% year-over-year increase in shipment, projecting stronger Q2 results.

  • A price increase has been announced to counterbalance higher operation and raw material costs.

  • Cascades is ramping up operations and increasing the product mixture at Bear Island mill to maximize the use of invested capital.

  • The company is exploring market growth through possible acquisitions or organic growth.

  • The company's Q2 outlook remains stable despite expecting higher raw material costs and lower selling prices.

  • 该公司的出货量同比增长了8%,预计第二季度业绩将更强劲。

  • 已宣布提高价格,以抵消更高的运营和原材料成本。

  • Cascades正在加大运营力度,增加熊岛工厂的产品组合,以最大限度地利用投资资本。

  • 该公司正在通过可能的收购或有机增长来探索市场增长。

  • 尽管预计原材料成本将上涨和销售价格降低,但该公司第二季度的前景仍保持稳定。

More details: CASCADES INC IR

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