SunOpta Inc ( (STKL) ) has released its Q2 earnings. Here is a breakdown of the information SunOpta Inc presented to its investors.
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SunOpta Inc., a company specializing in customized supply chain solutions and innovation for beverages, broths, and better-for-you snacks, has reported its second quarter fiscal 2025 financial results. The company operates primarily in the food and beverage industry and is known for its sustainability-forward solutions distributed across North America.
In the second quarter of fiscal 2025, SunOpta Inc. achieved notable financial growth, with revenue from continuing operations rising by 13% to $191.5 million. The company also reported a significant increase in earnings from continuing operations, which surged by 198% to $4.4 million. Adjusted EBITDA saw a 14% increase, reaching $22.7 million, and adjusted earnings per share doubled to $0.04 compared to the previous year.
Key financial metrics highlighted in the report include a 12.9% increase in revenues, driven by a 14.4% growth in volume, partially offset by a 1.4% price reduction. Gross profit increased by 34% to $28.4 million, and operating income rose to $10.5 million, reflecting improved gross profit and favorable foreign exchange impacts. The company also announced plans to expand its fruit snack manufacturing capacity to meet growing demand.
SunOpta’s management remains optimistic about the future, reaffirming its adjusted EBITDA outlook for fiscal 2025. The company anticipates continued growth and profitability, supported by a strong business pipeline and strategic initiatives aimed at improving margins and operational efficiency.