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KP Tissue Inc. (T:KPT)

Business Focus: Sanitary Products

Sector:  Consumer Non-Cyclicals Industry:  Personal Products
 
Company Contact
Address: 2 Prologis Blvd., Suite 500
MISSISSAUGA ON L5W 0G8
Tel: 1-905-8126900
Website: https://www.kptissueinc.com/home
IR: See website
Key People
Dino Joe Bianco
Chief Executive Officer
Michael Keays
Chief Financial Officer
Francois Paroyan
Senior Vice President, General Counsel and Corporate Affairs, Company Secretary
John O Hara
Senior Vice President, General Counsel - Away from Home
Gordon Goss
Senior Vice President, General Manager - Consumer Business, USA and Mexico
Michel Manseau
Senior Vice President, General Manager - Consumer Business, Canada
Business Overview
KP Tissue Inc. is a Canada-based company, which was created to acquire, and its business is limited to holding, an equity interest in Kruger Products Inc. (Kruger Products). Kruger Products' principal business is to produce, distribute, market and sell a range of disposable tissue products, including bathroom tissue, facial tissue, paper towels and napkins for both the consumer and away-from-home markets in North America. The Company operates through two segments: Consumer and Away-From-Home (AFH). The Consumer segment consists of brands, such as Cashmere, Purex, Scotties, SpongeTowels and Bonterra in Canada and White Cloud in the United States. AFH segment offers bathroom tissue, facial tissue, paper towels, paper napkins, wipers, hand care, and dispensing systems for use in the food service, property management, healthcare, manufacturing, education, and lodging segments across North America.
Financial Overview
For the fiscal year ended 31 December 2023, KP Tissue Inc revenues was not reported. Net loss decreased 52% to C$4.9M. Lower net loss reflects Equity loss decrease of 86% to C$1.9M (expense), Dilution gain increase of 37% to C$1M (income). Dividend per share remained flat at C$0.72. Basic Earnings per Share excluding Extraordinary Items increased from -C$1.03 to -C$0.50.
Employees: 2,700 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): $0.00M as of Mar 31, 2024
Net annual income (TTM): -$4.94M as of Mar 31, 2024
Free cash flow (TTM): -$6.98M as of Mar 31, 2024
Net Debt Last Fiscal Year: $0.00M as of Mar 31, 2024
Shares outstanding: 9,974,217 as of May 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization