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Cascades Inc (CADNF.PK)

CADNF.PK on OTC Markets Group

8.67USD
23 Nov 2016
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Latest Key Developments (Source: Significant Developments)

Cascades Q2 earnings per share C$0.38 excluding items
Friday, 5 Aug 2016 06:30am EDT 

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

Cascades Inc will build new tissue converting plant in Scappoose, Oregon
Thursday, 16 Jun 2016 07:00am EDT 

Cascades Inc : Will build a new tissue converting plant in Scappoose, Oregon .US$64 million investment includes new converting lines that are scheduled for commissioning at end of Q1 of 2017.  Full Article

Cascades Inc declares dividend
Wednesday, 11 Nov 2015 06:00am EST 

Cascades Inc:Declares quarterly dividend of $0.04 per common share to be paid Dec. 10 to shareholders of record at the close of business on Nov. 27.  Full Article

Cascades Inc declares dividend
Friday, 7 Aug 2015 06:00am EDT 

Cascades Inc:Declares a quarterly dividend of $0.04 per share to be paid Sept. 10, to shareholders of record at the close of business on Aug. 28.  Full Article

Cascades Inc extends and amends its revolving credit facility
Tuesday, 7 Jul 2015 05:09pm EDT 

Cascades Inc:Extends and amends its revolving credit facility.Has entered into agreement to extend and amend certain conditions of its existing $750 million revolving credit facility.Says amendment provides that the term of the facility will be extended to July 2019.Says other existing financial conditions will remain essentially unchanged.Combined impact of amendment,refinancing of senior notes in 2014, to reduce total annual borrowing costs by more than $20 million per year.Combined impact of amendment,refinancing of senior notes in 2014, to extend debt maturities to 2019 at the earliest.  Full Article

Cascades Inc renews its normal course issuer bid
Friday, 13 Mar 2015 08:00am EDT 

Cascades Inc:Says the Toronto Stock Exchange accepted its notice of intention to begin a normal course issuer bid in respect of its Common Shares.Purchases pursuant to the normal course issuer bid will commence on March 17, 2015 and will not continue beyond March 16, 2016.The Common Shares purchased shall be cancelled.The notice will enable Cascades to acquire up to 942,194 Common Shares which represents about 1 pct of the 94,219,380 issued and outstanding common shares as of Feb. 27.  Full Article

Cascades Inc declares quarterly dividend
Friday, 13 Mar 2015 06:00am EDT 

Cascades Inc:Declares quarterly dividend of $0.04 per share.Payable on March 31, to shareholders of record at close of business on March 24.  Full Article

Cascades completes sale of North American boxboard operations
Wednesday, 4 Feb 2015 04:13pm EST 

Confirms completion of the transaction announced on Dec. 11, 2014: the sale of its North American boxboard manufacturing and converting assets to Graphic Packaging Holding Company:Included in the C$44.9-mln transaction are the Cascades Boxboard units in East Angus, Quebec; Jonquière, Quebec; Winnipeg, Manitoba; Mississauga, Ontario and Cobourg, Ontario.  Full Article

BRIEF-Cascades reports Q3 EPS c$0.21

* Cascades Inc - "in short term, operational results through end of 2016 are expected to reflect year-end seasonality in tissue and containerboard"