"In 2014, we reached an important milestone with more than one billion dollars in revenues. Despite a competitive market environment, we remained the clear leader in the Canadian tissue market. In the U.S., TAD Products performed very well and were a significant contributor to consolidated EBITDA. In the Away-From-Home (AFH) business, we extended our North American platform with the acquisition of Metro Paper," said Mario Gosselin, CEO of KP Tissue and KPLP. "Despite negative pressure from higher pulp and natural gas prices, and from the weaker Canadian dollar, we reported EBITDA for Fiscal 2014 of $121.6 million, an increase of 4.6% over last year. The increase in EBITDA was related to the Consumer segment which was in turn primarily driven by TAD Products.
This is to inform you that Neenah has decided to make changes to its merchant alignment for its Fine Paper and Packaging business. Specifically, Neenah will no longer offer its Fine Paper & Packaging portfolio of brands through the Veritiv Corporation, effective as of the close of business today, June 12, 2019.
We thank you for your business, support, and efforts as we complete this transition together. We look forward to continuing our partnership to mutually grow our businesses while supporting printers and converters in creating maximum impact for their clients. Our ongoing commitment of delivering the highest quality products, outstanding promotional support, and excellent service remains unchanged.
If any questions should arise, please reach out to your Neenah Sales Manager.