08:25 AM EST, 03/05/2025 (MT Newswires) -- KP Tissue ( KPTSF ) on Wednesday reported a swing to fourth-quarter loss for Kruger Products, but also saw a revenue beat due to higher sales volume, and favourable selling prices in Canada.

Kruger Products booked a quarterly net loss was $13.7 million compared with net income of $16.5 million in the prior-year period. The company said the decrease was primarily due to higher foreign exchange loss, higher depreciation and interest expenses. KPT reported a net loss of $2 million in Q4.

Quarterly revenue for Kruger Products increased by 11.9% to $539.6 million compared with $482.3 million, a year earlier, beating a consensus estimate compiled by FactSet of $524.1 million.

"We are particularly proud of our profitability results which were relatively stable in each quarter despite volatile pulp prices and input costs for most of the year," said KP Tissue ( KPTSF ) Chief Executive Dino Bianco.

The company also declared a quarterly dividend of $0.18 per common share, payable on April 15, to shareholders of record at the close of business on March 31. The dividend is unchanged from the prior quarter.

KP Tissue ( KPTSF ) suspended Q1 guidance given the uncertainty driven by the proposed tariffs. "Finally, we have contingency measures ready to deploy to mitigate the impact of potential U.S. tariffs on our business, while marketing campaigns have been launched to leverage increasingly patriotic consumer sentiment in Canada," Bianco added.