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Rogers Sugar Delivers Solid Second Quarter Results, with Record Performance from Maple Segment
VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the “Comp...

About this update from Rogers Sugar Inc.
[{"type":"text","content":"Rogers Sugar Delivers Solid Second Quarter Results, with Record Performance from Maple Segment\n\n\n\n VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the “Company”, “Rogers”, “RSI” or “our,” “we”, “us”) (TSX: RSI) today reported results for the second quarter and first six months of fiscal 2025. Consolidated adjusted EBITDA for the quarter amounted to $34.7 million, driven by strong performance in the Company’s Maple and Sugar segments.\n \n\n “We are pleased to share the strong and consistent results delivered by both our Sugar and Maple segments this quarter, driven by steady underlying demand for our sweeteners,” said Mike Walton, President and Chief Executive Officer of Rogers and Lantic Inc. “While we continue to focus on meeting the needs of our customers, we are closely monitoring the current uncertainty related to the trade situation between Canada and the United States, and we are engaging with the different stakeholders involved to mitigate the potential impacts on our business in the future.”\n \n\n\n\n\n Second Quarter 2025 Consolidated Highlights\n \n\n (unaudited)\n \n\n\n Q2 2025\n \n\n\n\n\n Q2 2024\n \n\n\n\n\n YTD 2025\n \n\n\n\n\n YTD 2024\n \n\n\n\n\n\n\n Financials ($000s)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Revenues\n \n\n\n 326,307\n \n\n\n\n\n 300,944\n \n\n\n\n\n 649,475\n \n\n\n\n\n 589,643\n \n\n\n\n\n\n Gross margin\n \n\n\n 52,965\n \n\n\n\n\n 44,861\n \n\n\n\n\n 99,705\n \n\n\n\n\n 89,505\n \n\n\n\n\n\n Adjusted gross margin\n \n (\n \n\n 1)\n \n\n\n\n 47,025\n \n\n\n\n\n 51,292\n \n\n\n\n\n 98,756\n \n\n\n\n\n 93,611\n \n\n\n\n\n\n Results from operating activities\n \n\n\n 33,292\n \n\n\n\n\n 24,704\n \n\n\n\n\n 60,298\n \n\n\n\n\n 50,814\n \n\n\n\n\n\n EBITDA\n \n (\n \n\n 1)\n \n\n\n\n 40,642\n \n\n\n\n\n 31,664\n \n\n\n\n\n 75,266\n \n\n\n\n\n 64,709\n \n\n\n\n\n\n Adjusted EBITDA\n \n (\n \n\n 1)\n \n\n\n\n 34,702\n \n\n\n\n\n 38,095\n \n\n\n\n\n 74,317\n \n\n\n\n\n 68,815\n \n\n\n\n\n\n Net earnings\n \n\n\n 20,544\n \n\n\n\n\n 13,936\n \n\n\n\n\n 36,352\n \n\n\n\n\n 27,788\n \n\n\n\n\n\n per share (basic)\n \n\n\n 0.16\n \n\n\n\n\n 0.13\n \n\n\n\n\n 0.28\n \n\n\n\n\n 0.26\n \n\n\n\n\n\n per share (diluted)\n \n\n\n 0.14\n \n\n\n\n\n...