08:13 AM EDT, 05/14/2025 (MT Newswires) -- KP Tissue ( KPTSF ) on Wednesday said first-quarter net income and revenue rose.

Net income for Kruger products increased to $15.4 million from $9 million in the prior year period. The company did not provide per share amounts. The increased profit was primarily due to a bigger foreign exchange gain and higher adjusted EBITDA.

Kruger products revenue jumped 14% to $546.1 million, beating the FactSet consensus analyst forecast of $518.2 million. The increase was primarily due to higher sales volume in the Consumer segment and favorable selling prices across both segments and higher forex gains.

"We are pleased with our strong first-quarter results, especially considering the uncertain and volatile economic environment," said KP Tissue ( KPTSF ) Chief Executive Dino Bianco. "Adjusted EBITDA reached $75.8 million in the quarter on revenue that increased nearly 14% year-over-year. Revenue for the Consumer segment was driven by higher sales volume in Canada and in the U.S., and improved pricing."

Bianco added that the impact of tariffs on Kruger Products during the quarter was "not significant."

KP Tissue ( KPTSF ) will pay a quarterly dividend of $0.18 per share on July 15.