Strong Top Line and Profitability Growth
Maple Leaf Foods reported an 8% increase in total company sales and a 22% increase in adjusted EBITDA, with the adjusted EBITDA margin improving by 140 basis points to 12.6%.
Successful Spin-off of Canada Packers
The company completed the spin-off of its pork operations into Canada Packers, marking a significant transformation in its portfolio and now operates as a purpose-driven, protein-focused company.
New Product Launches
Launched two new brands, Mighty Protein and Musafir, expanding their product offerings into high-protein snacks and South Asian-inspired frozen meals, respectively.
Positive Market Share Gains
Achieved market share gains in prepared meats, plant protein, and poultry, with double-digit growth in the Prime Poultry sustainable meats brand.
Improved Financial Position
Total company net debt decreased by $242 million to approximately $1.35 billion, with a leverage ratio of 2x.