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KP Tissue Inc. Reports Robust Q2 2024 Performance

KP Tissue Inc. sees 18.6% EBITDA rise in Q2 2024, driven by sales gains and pricing strategy.

by Mark Eisenberg
Mon, Aug 19, 2024 2:38am
in Business
• 2 mins read
13.9k
KP Tissue Inc. Reports Robust Q2 2024 Performance | FinOracle

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KP Tissue Inc., a prominent player in the tissue product manufacturing industry, has delivered strong financial results for the second quarter of 2024. The company reported an impressive 18.6% increase in adjusted EBITDA, reaching $65.3 million. This growth is primarily attributed to higher sales volumes, a favorable sales mix, and enhanced pricing strategies. Additionally, KP Tissue's revenue received a boost from a favorable foreign exchange impact and increased sales in both the US and Canadian markets.

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