Core Insights - KP Tissue Inc. and Kruger Products Inc. reported strong financial and operational performance for Q4 2025 and the full year 2025, highlighting revenue growth, improved margins, and profitability [1][4][11] Financial Performance - Q4 2025 revenue reached $560.1 million, a 3.8% increase from $539.6 million in Q4 2024, driven by higher sales volume across both Consumer and Away-From-Home (AFH) segments [9][11] - Full year 2025 revenue was $2,203.4 million, up 7.5% from $2,049.9 million in 2024, primarily due to increased sales volume in the Consumer segment and favorable selling prices [15][11] - Adjusted EBITDA for Q4 2025 was $84.2 million, a 26.0% increase from $66.8 million in Q4 2024, attributed to higher sales volumes and improved productivity [6][13] - Full year 2025 Adjusted EBITDA was $318.2 million, a 20.2% increase from $264.8 million in 2024, reflecting higher sales volumes and lower pulp prices [16][11] Profitability - Net income for Q4 2025 was $23.4 million, compared to a net loss of $13.7 million in Q4 2024, marking a significant improvement of $37.1 million [11][14] - Full year 2025 net income was $75.5 million, up from $23.8 million in 2024, an increase of $51.7 million [17][11] Operational Efficiency - Cost of sales in Q4 2025 decreased to $451.9 million from $459.3 million in Q4 2024, resulting in a cost of sales as a percentage of revenue of 80.7%, down from 85.1% [10][11] - Selling, general and administrative (SG&A) expenses increased to $55.3 million in Q4 2025 from $45.1 million in Q4 2024, primarily due to higher headcount and related compensation costs [12][11] Future Outlook - The company plans to build a new through-air-dried (TAD) facility in the western United States, with an official announcement expected in the first half of 2026 [5][4] - For Q1 2026, the company expects Adjusted EBITDA to be in line with Q4 2025 levels [8]

MISSISSAUGA, Ontario, Feb. 17, 2026 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX:KPT), which holds an interest in Kruger Products Inc. (Kruger Products), will release the financial results for KPT and Kruger Products Inc. for the fourth quarter of 2025 on Wednesday, February 18, 2026 before the market opens. KPT will hold its conference call the same day at 8:30 a.m. Eastern Time. Conference Call InformationVia telephone: 1-888-699-1199 or 416-945-7677Via internet: www.kptissueinc.com Presentation material ...

Group 1 - KP Tissue Inc. (KPT) will release its financial results for the fourth quarter of 2025 on February 18, 2026, before the market opens [1] - A conference call will be held on the same day at 8:30 a.m. Eastern Time to discuss the results [1] - KPT holds a 12.1% interest in Kruger Products Inc., which is accounted for as an investment on the equity basis [4] Group 2 - Kruger Products Inc. is Canada's leading manufacturer of quality tissue products for household, industrial, and commercial use [5] - The company serves the Canadian consumer market with well-known brands such as Cashmere®, Purex®, and SpongeTowels® [5] - Kruger Products operates ten FSC® COC-certified production facilities in North America and employs approximately 3,000 people [5]

Company Overview - KP Tissue Inc. (KPT) holds a 12.1% interest in Kruger Products Inc. (KPI), which is a leading manufacturer of quality tissue products in Canada [5] - KPI operates approximately 3,000 employees and ten FSC® COC-certified production facilities in North America [6] Financial Offering - KPI has closed an offering of CDN $165 million principal amount of 6.250% Senior Unsecured Notes due December 10, 2032 [2] - The interest on the Notes is payable semi-annually, starting June 10, 2026 [2] - A portion of the net proceeds from the offering was used to fully repay borrowings under the senior credit facilities of Kruger Products SB Inc. (KPSB) [3] - The remaining proceeds will be used for general corporate purposes [3] Credit Facility Amendments - KPI's syndicated credit agreement was amended to increase the facility amount from CDN $230 million to CDN $250 million and the accordion feature from CDN $75 million to CDN $100 million [3]

Core Viewpoint - Kruger Products Inc. (KPI) is issuing CDN $165 million principal amount of 6.250% Senior Unsecured Notes due December 10, 2032, through a private placement to fund debt repayment and general corporate purposes [1][3]. Group 1: Offering Details - The Notes will be issued at a principal amount of CDN $165 million with an interest rate of 6.250%, payable semi-annually starting June 10, 2026 [1]. - The Offering is expected to close on December 10, 2025, subject to customary closing conditions [2]. - National Bank Capital Markets, CIBC Capital Markets, Scotiabank, and Desjardins Capital Markets are acting as joint book-running managers for the Offering [2]. Group 2: Use of Proceeds - The net proceeds from the Offering will be used to repay borrowings under KPSB's senior credit facilities and for general corporate purposes [3]. Group 3: Notes Structure - The Notes will be unsecured obligations of KPI and guaranteed by certain subsidiaries, including KPSB, which will be designated as a restricted subsidiary [4]. - The Notes will rank senior in payment rights to all existing and future subordinated indebtedness of KPI [4]. Group 4: Company Overview - KP Tissue Inc. (KPT) holds a 12.1% interest in KPI, which is a leading manufacturer of quality tissue products in Canada [7][8]. - KPI serves both the consumer market in Canada and the U.S. with well-known brands and operates ten FSC® COC-certified production facilities in North America [8].

Group 1 - KP Tissue Inc. announced that Kruger Products Inc. intends to offer CDN $165 million principal amount of Senior Unsecured Notes through a private placement, subject to market conditions [1] - The interest on the Notes will accrue from the issue date and will be payable semi-annually, with guarantees from KPI's existing and future restricted subsidiaries [1][2] - The net proceeds from the Offering will be used to repay borrowings under KPSB's senior credit facilities and for general corporate purposes [2] Group 2 - Kruger Products SB Inc. will become a restricted subsidiary under KPI's senior credit facility, which is expected to improve the credit profile of the restricted group [2] - KPI is a leading manufacturer of quality tissue products in Canada, serving both consumer and commercial markets with well-known brands [6] - KPI operates approximately 10 production facilities in North America and employs around 3,000 people [6]

Core Insights - KP Tissue Inc. reported a strong Q3 2025 with a 30.4% year-over-year increase in Adjusted EBITDA to $85.7 million, driven by sales growth in both Consumer and Away-From-Home segments [3][9] - The company plans to construct a new TAD tissue facility in the U.S. with production expected to start in 2028, aiming to meet rising demand for ultra-premium products [3][13] Financial Performance - Revenue for Q3 2025 was $561.1 million, up $40.0 million or 7.7% from $521.1 million in Q3 2024, attributed to higher sales volume and favorable pricing [5][8] - Cost of sales increased to $460.0 million in Q3 2025, a rise of 5.2% from $437.3 million in Q3 2024, primarily due to higher sales volume and manufacturing overhead [6] - Selling, general and administrative (SG&A) expenses were $47.9 million, an increase of 3.0% from $46.5 million in Q3 2024, reflecting investments in IT and headcount [7] Segment Performance - The Consumer segment generated revenue of $468.3 million in Q3 2025, compared to $429.2 million in Q3 2024, indicating strong growth [35] - The Away-From-Home segment saw revenue of $92.8 million, slightly up from $91.9 million in Q3 2024, demonstrating resilience in commercial markets [35] Future Outlook - The company anticipates that Adjusted EBITDA for Q4 2025 will be in line with Q3 2025 results, indicating continued strong performance [4] - The new TAD tissue facility is expected to have an annual production capacity of approximately 75,000 metric tonnes, enhancing the company's ability to serve the growing U.S. market [13] Dividend Information - A quarterly dividend of $0.18 per share has been declared, to be paid on January 15, 2026, to shareholders of record as of December 31, 2025 [14]

Core Viewpoint - KP Tissue Inc. (KPT) will release its financial results for the third quarter of 2025 on November 13, 2025, before the market opens, and will hold a conference call at 8:30 a.m. Eastern Time on the same day [1]. Company Information - KP Tissue Inc. holds a 12.2% interest in Kruger Products Inc., which is accounted for as an investment on the equity basis [4]. - Kruger Products Inc. is Canada's leading manufacturer of quality tissue products for household, industrial, and commercial use, with well-known brands such as Cashmere®, Purex®, and SpongeTowels® [5]. - Kruger Products operates ten FSC® COC-certified production facilities in North America and employs approximately 3,000 people [5].

Financial Results Announcement - KP Tissue Inc. (KPT) will release its financial results for the third quarter of 2025 on November 13, 2025, before the market opens [1] - The conference call to discuss these results will take place on the same day at 8:30 a.m. Eastern Time [1] Conference Call Information - The conference call can be accessed via telephone at 1-888-699-1199 or 416-945-7677, and also via the internet at www.kptissueinc.com [2] - Presentation materials referenced during the call will be available on the company's website [2] Conference Call Rebroadcast - A rebroadcast of the conference call will be available until midnight on November 20, 2025, by dialing 1-888-660-6345 or 289-819-1450 with passcode 86584 [3] - The replay of the webcast will also remain available on the website until midnight on November 20, 2025 [3] Company Overview - KP Tissue Inc. was created to acquire and hold a limited equity interest in Kruger Products, currently holding a 12.2% interest [4] - Kruger Products Inc. is a leading manufacturer of quality tissue products in Canada, serving both household and commercial markets with well-known brands [5] - The company operates ten FSC® COC-certified production facilities in North America and employs approximately 3,000 people [5]

Group 1 - KP Tissue Inc. (KPT) will release its financial results for the second quarter of 2025 on August 13, 2025, before the market opens [1] - A conference call will be held on the same day at 8:30 a.m. Eastern Time to discuss the results [1] - KPT holds a 12.3% interest in Kruger Products Inc., which is accounted for as an investment on the equity basis [4] Group 2 - Kruger Products Inc. is Canada's leading manufacturer of quality tissue products for household, industrial, and commercial use [5] - The company serves the Canadian consumer market with well-known brands such as Cashmere®, Purex®, and SpongeTowels® [5] - Kruger Products operates ten FSC® COC-certified production facilities in North America and employs approximately 3,000 people [5]