cascades inc warned on monday that it expects fourthquarter results to be below its already reduced guidance as costs and pandemicrelated production downtime weighed on performance the canadian packaging and tissue products company said it expects adjusted operating income before depreciation and amortization to be 62 million canadian dollars the equivalent of us485 million in december the company downgraded expectations to consolidated adjusted oibd of about c20 million below thirdquarter comparable results of c107 million from previous guidance of flat sequential results the company said the omicron variant of the coronavirus in the last two weeks of december compounded existing labor shortage issues and transportation and supply chain challenges primarily in its containerboard and tissue segments as a result cascades said it has been affected by unplanned production downtime in several of its operations as well as difficulties in meeting its deliveries costs have risen the company said