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Cascades Inc.

03:50 PM EST - Cascades Inc. : Reports its unaudited financial results for the three-month period ended September 30, 2019. Sales of $1,264 million (compared with $1,275 million in Q2 2019 (-1%) and $1,175 million in Q3 2018 (+8%)). Operating income of $135 million (compared with $82 million in Q2 2019 (+65%) and $78 million in Q3 2018 (+73%))Operating income before depreciation and amortization (OIBD)1 of $208 million (compared with $154 million in Q2 2019 (+35%) and $139 million in Q3 2018 (+50%)). Net earnings per share of $0.74 (compared with $0.33 in Q2 2019 and $0.38 in Q3 2018). Cascades Inc. shares T.CAS are trading down $0.53 at $12.80.