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Rogers Sugar ( (TSE:RSI) ) just unveiled an announcement.
Rogers Sugar Inc. reported a robust start to fiscal 2025, with a 29% increase in consolidated adjusted EBITDA to $39.6 million. The company saw a 12% rise in revenues driven by higher average pricing and increased sales volumes in both its Sugar and Maple segments. Sales volumes in the Sugar segment improved significantly due to the resolution of a past labor disruption, contributing to a $7.9 million rise in adjusted EBITDA. Investments were made to expand refining and logistics capacity, and the company repaid matured debentures, reflecting a strong financial position.
More about Rogers Sugar
Rogers Sugar Inc. operates in the food industry, primarily focusing on the production and distribution of sugar and maple syrup products. The company serves a range of markets by delivering high-quality products and services, with operations enhanced by its subsidiaries.
YTD Price Performance: -3.21%
Average Trading Volume: 239,635
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$733.8M
Find detailed analytics on RSI stock on TipRanks’ Stock Analysis page.
