KPLP Q2 2021 Business and Financial Highlights • Revenue decreased by $47.5 million or 12.3% to $339.3 million in Q2 2021 compared to $386.8 million in Q2 2020. • Adjusted EBITDA was $37.3 million in Q2 2021 compared to $64.4 million in Q2 2020, a decrease of 42.1%, and similar sequentially to the $37.5 million in Q1 2021. • TAD Sherbrooke continues to run above the expected start-up curve. • Completed financing for the Sherbrooke Expansion Project. • Declared a quarterly dividend of $0.18 per share to be paid on October 15, 2021.
Headquartered in Nova Scotia, Port Hawkesbury Paper (PHP) is the leading producer of supercalendered papers in North America, manufacturing SCA+ and SCA++ products for use in catalogs, magazines and retail inserts, as well as specialty papers. The company’s paper production capacity includes three thermomechanical (TMP) pulp lines that supply high-quality fiber to the papermaking process. PHP ships its products to customers throughout North America and around the world.
“Port Hawkesbury Paper is pleased to support Two Sides North America because we share similar objectives when it comes to the long-term sustainability of our company, our industry and the resources that supply us,” says Port Hawkesbury Co-Manager Bevan Lock. “Our aim is to provide long-term ecological, social and cultural sustainability while managing and maintaining a sustainable wood supply and economic viability for our company, local wood suppliers and sawmills.”
more at: https://twosidesna.org/US/member-spotlight-13/