KPT

KP Tissue Releases Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024
Acquisition, MD, Investment, Marketing, TSX, Sale, Adjustment, Advertising, Income tax, KPT, AFH, Webcast, White, Net, Consumer, Self storage

MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2023 and full year 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2023 and full year 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • Net income was $16.5 million in Q4 2023 compared to $16.0 million in Q4 2022, an increase of $0.5 million.
  • Revenue was $1,873.0 million in Fiscal 2023 compared to $1,681.4 million in Fiscal 2022, an increase of $191.6 million or 11.4%.
  • KPT will hold its fourth quarter conference call on Thursday, March 7, 2024 at 8:30 a.m. Eastern Time.

KP Tissue declares a Quarterly Dividend of $0.18 per Common Share

Retrieved on: 
Thursday, March 7, 2024
DRIP, WIRE, Plan, Interest, Income Tax Act, TSX, Dividend, Indian stock exchange, KPT, NOT, Corporation, Partnership, Holding company

MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX: KPT) announced today that the Board of Directors has declared a quarterly dividend of $0.18 per common share, payable on April 15, 2024, to shareholders of record at the close of business on April 1, 2024, subject to applicable law.

Key Points: 
  • The dividends paid are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
  • The dividend is being declared in connection with the declaration of a corresponding quarterly distribution by Kruger Products in which KP Tissue holds a limited partnership interest.
  • The Corporation has a Dividend Reinvestment Plan under which eligible shareholders may elect to have their cash dividends reinvested in additional common shares of KPT.
  • Under the Plan, the Corporation will automatically reinvest for participating shareholders the cash dividends of KPT in newly issued Common Shares at a price per Common Share equal to 100% of the 5-day weighted average trading price of the Common Shares prior to the dividend payment date.

REMINDER/KP Tissue to Release its Financial Results and those of Kruger Products Inc. for the Fourth Quarter of 2023

Retrieved on: 
Wednesday, March 6, 2024
TSX, KPT, Webcast

MISSISSAUGA, Ontario, March 06, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc. for the fourth quarter of 2023 on Thursday, March 7, 2024 before the market opens.

Key Points: 
  • MISSISSAUGA, Ontario, March 06, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc. for the fourth quarter of 2023 on Thursday, March 7, 2024 before the market opens.
  • KPT will hold its conference call the same day at 8:30 a.m. Eastern Time.
  • A rebroadcast of the conference call will be available until midnight, March 14, 2024 by dialing 1-888-390-0541 or 416-764-8677 and entering passcode 631417.
  • The replay of the webcast will remain available on the web site until midnight, March 14, 2024.

KP Tissue to Release its Financial Results and those of Kruger Products Inc. for the Fourth Quarter of 2023

Retrieved on: 
Wednesday, February 7, 2024
TSX, KPT, Webcast

MISSISSAUGA, Ontario, Feb. 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc. for the fourth quarter of 2023 on Thursday, March 7, 2024 before the market opens.

Key Points: 
  • MISSISSAUGA, Ontario, Feb. 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc. for the fourth quarter of 2023 on Thursday, March 7, 2024 before the market opens.
  • KPT will hold its conference call the same day at 8:30 a.m. Eastern Time.
  • A rebroadcast of the conference call will be available until midnight, March 14, 2024 by dialing 1-888-390-0541 or 416-764-8677 and entering passcode 631417.
  • The replay of the webcast will remain available on the web site until midnight, March 14, 2024.

KP Tissue announces retirement of CFO Mark Holbrook and Appointment of Michael Keays

Retrieved on: 
Thursday, December 14, 2023
Corporate finance, CFO, Commerce, Scott Paper Company, University, Growth, TSX, KPT, Management

Mr. Michael Keays will succeed him as of March 11, 2024.

Key Points: 
  • Mr. Michael Keays will succeed him as of March 11, 2024.
  • Mark Holbrook began his career 25 years ago with Scott Paper and continued to progress to more senior positions within Kruger Products.
  • Mr. Holbrook has graciously agreed to stay on as a Special Advisor reporting to the CEO until December 31, 2025.
  • Mr. Keays holds a Bachelor of Commerce from the University of Ottawa and is a Chartered Professional Accountant.

KP Tissue Releases Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
Adjustment, Journal of Performance of Constructed Facilities, Consumer, KP, SG, Sherbrooke, SEDAR, MD, Acquisition, KPT, White, Marketing, Webcast, Investment, TSX, AFH, Beauty salon, Holding company, Cryptocurrency, Retail

MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q3 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q3 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • Adjusted EBITDA1 was $72.4 million in Q3 2023, compared to $30.7 million in Q3 2022, an increase of 135.7%.
  • Net income was $12.9 million in Q3 2023 compared to a net loss of $38.8 million in Q3 2022, an increase of $51.7 million.
  • KPT will hold its third quarter conference call on Wednesday, November 8, 2023 at 8:30 a.m. Eastern Time.

KP Tissue declares a Quarterly Dividend of $0.18 per Common Share

Retrieved on: 
Wednesday, November 8, 2023
WIRE, FOR, KPT, NOT, DRIP, Interest, Dividend, Indian stock exchange, Partnership, Corporation, Plan, Income Tax Act 2007, TSX, Income Tax Act, Holding company, U.S.A

MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX: KPT) announced today that the Board of Directors has declared a quarterly dividend of $0.18 per common share, payable on January 15, 2024 to shareholders of record at the close of business on January 2, 2024, subject to applicable law.

Key Points: 
  • The dividends paid are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
  • The dividend is being declared in connection with the declaration of a corresponding quarterly distribution by Kruger Products in which KP Tissue holds a limited partnership interest.
  • The Corporation has a Dividend Reinvestment Plan under which eligible shareholders may elect to have their cash dividends reinvested in additional common shares of KPT.
  • Under the Plan, the Corporation will automatically reinvest for participating shareholders the cash dividends of KPT in newly issued Common Shares at a price per Common Share equal to 100% of the 5-day weighted average trading price of the Common Shares prior to the dividend payment date.

REMINDER: KP Tissue to Release its Financial Results and those of Kruger Products Inc. for the Third Quarter of 2023

Retrieved on: 
Tuesday, November 7, 2023
KPT, Webcast, TSX, Fireworks

MISSISSAUGA, Ontario, Nov. 07, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc for the third quarter of 2023 on Wednesday, November 8, 2023 before the market opens.

Key Points: 
  • MISSISSAUGA, Ontario, Nov. 07, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc for the third quarter of 2023 on Wednesday, November 8, 2023 before the market opens.
  • KPT will hold its conference call the same day at 8:30 a.m. Eastern Time.
  • A rebroadcast of the conference call will be available until midnight, November 15, 2023 by dialing 1-888-390-0541 or 416-764-8677 and entering passcode 991958.
  • The replay of the webcast will remain available on the web site until midnight, November 15, 2023.

KP Tissue to Release its Financial Results and those of Kruger Products Inc. for the Third Quarter of 2023

Retrieved on: 
Monday, October 9, 2023
KPT, TSX, Webcast, Fireworks

MISSISSAUGA, Ontario, Oct. 09, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc for the third quarter of 2023 on Wednesday, November 8, 2023 before the market opens.

Key Points: 
  • MISSISSAUGA, Ontario, Oct. 09, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds an interest in Kruger Products Inc. will release the financial results for KPT and Kruger Products Inc for the third quarter of 2023 on Wednesday, November 8, 2023 before the market opens.
  • KPT will hold its conference call the same day at 8:30 a.m. Eastern Time.
  • A rebroadcast of the conference call will be available until midnight, November 15, 2023 by dialing 1-888-390-0541 or 416-764-8677 and entering passcode 991958.
  • The replay of the webcast will remain available on the web site until midnight, November 15, 2023.

Kruger Products Facial Tissues, Made in Canada and Here to Stay

Retrieved on: 
Monday, August 28, 2023
KPI, TSX, Plant, KPT, Scotties, Tissue paper, MISSISSAUGA

Canadian made, Kruger Products has eight manufacturing plants in Canada with significant capacity to supply facial tissue in the market.

Key Points: 
  • Canadian made, Kruger Products has eight manufacturing plants in Canada with significant capacity to supply facial tissue in the market.
  • As part of its previously announced $1 billion asset investment, Kruger Products has a new high-quality facial tissue line starting up in Quebec in December 2023.
  • Already the Canadian market leader in the facial tissue category, Canadians can count on Kruger Products to continue serving consumers, customers and communities from coast to coast.
  • For Kruger Products, making everyday life more comfortable isn't just a mission, it's a commitment to Canadians.