Cascades Full Year 2024 Earnings: CA$0.31 loss per share (vs CA$0.76 loss in FY 2023)

Cascades (TSE:CAS) Full Year 2024 Results

Key Financial Results

• Revenue: CA$4.70b (up 1.4% from FY 2023).
• Net loss: CA$31.0m (loss narrowed by 59% from FY 2023).
• CA$0.31 loss per share (improved from CA$0.76 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cascades Earnings Insights

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Packaging industry in Canada.

Performance of the Canadian Packaging industry.

The company's shares are down 6.8% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Cascades (at least 2 which are concerning), and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.