Cascades Inc. Q3 Profit Falls

Cascades Inc. (CADNF.PK) released earnings for third quarter that decreased from last year

The company's earnings totaled C$1 million, or C$0.01 per share. This compares with C$34 million, or C$0.34 per share, in last year's third quarter.

Excluding items, Cascades Inc. reported adjusted earnings of C$27 million or C$0.27 per share for the period.

The company's revenue for the quarter rose 0.3% to C$1.201 billion from C$1.198 billion last year.

Cascades Inc. earnings at a glance (GAAP) :

-Earnings (Q3): C$1 Mln. vs. C$34 Mln. last year.
-EPS (Q3): C$0.01 vs. C$0.34 last year.
-Revenue (Q3): C$1.201 Bln vs. C$1.198 Bln last year.

by RTTNews Staff Writer

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