KP Tissue (TSE:KPT) reported higher first-quarter profitability despite essentially flat revenue, as lower pulp prices and reduced warehousing costs helped offset foreign exchange pressure and other cost headwinds, executives said on the company’s first quarter 2026 earnings call.
Dino Bianco, CEO of KP Tissue and Kruger Products, said the company generated adjusted EBITDA of CAD 86.9 million in the quarter, with an adjusted EBITDA margin of 16%. That represented a 14.6% increase from the prior-year period on revenue of CAD 544.6 million, which was down 0.3% year-over-year.
