Brief: KP Tissue Releases Third Quarter 2021 Financial Results

KP Tissue

12/11/2021 12:36

Nov 12 (Reuters) - KP Tissue Inc  KPT.TO :
    * KP TISSUE RELEASES THIRD QUARTER 2021 FINANCIAL RESULTS
    * REVENUE INCREASED BY $22.3 MILLION OR 6.0% TO $391.4
MILLION IN
Q3 2021 COMPARED TO $369.1 MILLION IN Q3 2020
    * SEEING ACTIVITIES AND BEHAVIOUR START TO RETURN TO MORE
PRE-COVID LEVELS IN BOTH CONSUMER AND AWAY-FROM-HOME SEGMENTS
    * COST INFLATION AND LAGGED PRICING IN Q4 ARE EXPECTED TO
IMPACT
RESULTS
    * Q4 2021 ADJUSTED EBITDA IS THEREFORE EXPECTED TO BE LOWER
THAN
Q3 2021 AND HIGHER THAN Q4 2020
    * QTRLY BASIC LOSS PER SHARE $0.23
    * Q3 EARNINGS PER SHARE VIEW C$0.05, REVENUE VIEW C$386.0
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX4sxTKw 
Further company coverage:  KPT.TO 

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