Swiss Water Decaffeinated Coffee, Inc (TSE:SWP) has released an update.
Swiss Water Decaffeinated Coffee Inc. reported a strong fourth quarter with a net income of $1.0 million, marking a significant increase from the previous year, despite a full-year net loss of $0.5 million. The company successfully consolidated its production by launching a second line in Delta, leading to a 17% sales volume increase for the quarter, although annual volumes fell by 7% due to earlier production constraints. The improved Q4 performance reflects higher efficiency and increased sales, contributing to a rise in adjusted EBITDA for the quarter.
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