KP Tissue to Report Q4 2024 Results: Strong Performance Expected Amidst Expansion and Market Leadership

KP Tissue Inc. (KPT) (TSX: KPT), which holds a 12.5% interest in Kruger Products Inc., will release its financial results for the fourth quarter of 2024 on Wednesday, March 5, 2025, before the market opens. KPT will also hold a conference call the same day at 8:30 a.m. Eastern Time to discuss the results. The conference call will be accessible via telephone and internet, with presentation material available on the KPT website.

Kruger Products, Canada's leading manufacturer of quality tissue products, has experienced strong growth and market leadership in recent quarters. In the third quarter of 2024, the company reported record sales of $1.9 billion and record adjusted EBITDA of $238.6 million for the full year 2023. This performance was driven by robust volume, positive margin management, and strong operational efficiency across its network.

Kruger Products' expansion project in Sherbrooke has significantly increased its production capacity, enabling the company to become a major hub for tissue manufacturing and facilitating additional share gains in North America. The completion of this project has contributed to the company's ability to maintain its leadership position in the Canadian facial tissue market, with a share rising above 44%, and gain share in the bathroom tissue and paper towel categories on a year-over-year basis.

The company's strategic initiatives, including investment in innovation and brand support, have also contributed to its strong financial performance. Kruger Products has consistently invested in innovation and brand support to maintain its market leadership, resulting in a significant increase in its market share in the Canadian facial tissue market and gains in the bathroom tissue and paper towel categories.

As KPT and Kruger Products prepare to report their Q4 2024 results, investors and analysts will be closely watching the company's performance, particularly in light of its recent expansion and market leadership. The company's strong financial performance in the third quarter of 2024, combined with its strategic initiatives and expansion projects, suggests that KPT and Kruger Products are well-positioned to continue their growth and market leadership in the tissue products industry.