Tuesday, June 18, 2024

Maple Leaf Foods reports third quarter results

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MISSISSAUGA, Ontario — Maple Leaf Foods Inc. has reported its financial results for the third quarter ended Sept. 30, 2023.

“For the third consecutive quarter, we delivered sequential improvement in Adjusted EBITDA margin in our Meat Protein business, while also making meaningful strides toward achieving our Adjusted EBITDA neutral goal in our Plant Protein business,” said Curtis Frank, president and CEO of Maple Leaf Foods. “Delivering 11.4% Adjusted EBITDA margin in our Meat Protein business in the face of improving, but still challenging market conditions, demonstrates clear momentum in our core business.”

“Looking ahead, we will continue to. . .

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