Business
SunOpta Announces Fourth Quarter and Fiscal 2024 Financial Results
Revenue from continuing operations increased 9% to $193.9 million, driven by volume growth ...
About this update from Sunopta Inc.
[{"type":"text","content":"SunOpta Announces Fourth Quarter and Fiscal 2024 Financial Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadl4 { padding-left: 20px }\n.bwpadl5 { padding-left: 25px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth10 { width: 10% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth13 { width: 13% }\n.bwwidth2 { width: 2% }\n.bwwidth20 { width: 20% }\n.bwwidth29 { width: 29% }\n.bwwidth3 { width: 3% }\n.bwwidth40 { width: 40% }\n.bwwidth54 { width: 54% }\n.bwwidth6 { width: 6% }\n.bwwidth62 { width: 62% }\n.bwwidth63 { width: 63% }\n.bwwidth68 { width: 68% }\n.bwwidth7 { width: 7% }\n.bwwidth72 { width: 72% }\n.bwwidth74 { width: 74% }\n.bwwidth78 { width: 78% }\n.bwwidth8 { width: 8% }\n.bwwidth9 { width: 9% }\n \n\n\n\n\n\n Revenue from continuing operations increased 9% to $193.9 million, driven by volume growth\n \n\n\n\n\n\n Loss from continuing operations of $4.6 million compared to a loss of $3.0 million in the prior year\n \n\n\n\n\n\n Adjusted EBITDA from continuing operations increased 20% to $26.1 million\n \n\n\n\n\n\n Delivered strong free cash flow and achieved targeted leverage of 3.0x\n \n\n\n\n\n\n SunOpta Inc. (“SunOpta” or the “Company”) (Nasdaq:STKL) (TSX:SOY), an innovative and sustainable manufacturer fueling the future of food, today announced financial results for the fourth quarter ended December 28, 2024.\n \n\n All amounts are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP, except where specifically noted.\n \n\n\n Fourth quarter 2024 highlights:\n \n\n\n\n Revenues of $193.9 million increased 8.9% compared to $178.1 million in the prior year period, driven by 12.8% volume growth partially offset by a 2.1% price reduction for pass-through commodity pri...