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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  KP Tissue Inc.    KPT   CA48265Y1043

KP TISSUE INC.

(KPT)
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KP Tissue : to Release its Financial Results and those of Kruger Products L.P. for the Second Quarter of 2020

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07/15/2020 | 08:31am EDT

MISSISSAUGA, Ontario, July 15, 2020 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX:KPT), which holds a limited partnership interest in Kruger Products L.P. (“KPLP”), will release the financial results for KPT and KPLP for the second quarter of 2020 on Thursday, August 6, 2020 before the market opens. KPT will hold its conference call the same day at 8:30 a.m.  Eastern Time.

Details of the Conference Call

Via telephone: 1- 877-223-4471 or 647-788-4922
Via the internet at: www.kptissueinc.com

Presentation material referenced during the conference call will be available at www.kptissueinc.com.

Conference Call Rebroadcast

A rebroadcast of the conference call will be available until midnight, August 13, 2020 by dialing 1-800-585-8367 or 416-621-4642 and entering passcode­­ 1935229.

The replay of the webcast will remain available on the web site until midnight, August 13, 2020.

About KP Tissue Inc.
KPT was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP, which is accounted for as an investment on the equity basis. KPT currently holds a 14.8% interest in KPLP. For more information visit www.kptissueinc.com.

About Kruger Products L.P.
KPLP is Canada's leading manufacturer of quality tissue products for household, industrial and commercial use. KPLP serves the Canadian consumer market with such well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties® and White Swan®. In the U.S., KPLP manufactures the White Cloud® brand, as well as many private label products. The Away-From-Home division manufactures and distributes high-quality, cost-effective product solutions to a wide range of commercial and public entities. KPLP has approximately 2,500 employees and operates eight FSC® COC-certified (FSC® C-104904) production facilities in North America.  For more information visit www.kptissueinc.com.

INFORMATION:
François Paroyan
General Counsel and Corporate Secretary
KP Tissue Inc.
Tel.: 905.812.6936
francois.paroyan@krugerproducts.ca

INVESTORS:
Mike Baldesarra
Director of Investor Relations
KP Tissue Inc.
Tel.: 905.812.6962
IR@KPTissueinc.com

SOURCE KP Tissue Inc


KP Tissue Inc..jpg

Source: KP Tissue Inc.

2020 GlobeNewswire, Inc., source Press Releases


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Financials
Sales 2020 1 476 M 1 117 M 1 117 M
Net income 2020 - - -
Net Debt 2020 854 M 646 M 646 M
P/E ratio 2020 -
Yield 2020 5,82%
Capitalization 120 M 91,1 M 91,1 M
EV / Sales 2020 0,66x
EV / Sales 2021 0,57x
Nbr of Employees 2 300
Free-Float 99,7%
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Technical analysis trends KP TISSUE INC.
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TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 6
Average target price 14,08 CAD
Last Close Price 12,38 CAD
Spread / Highest target 33,3%
Spread / Average Target 13,8%
Spread / Lowest Target 5,01%
EPS Revisions
Managers
NameTitle
Dino J. Bianco Chief Executive Officer
Michael J. Korenberg Chairman
Mark Holbrook Chief Financial Officer
Michel Letellier Independent Director
James Hardy Independent Director
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