Maple Leaf Foods Inc. (MLFNF)
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Maple Leaf Foods Reports Second Quarter 2024 Financial Results
TSX: MFI www.mapleleaffoods.com Investor Contact investor.relations@mapleleaf.com Media Contact media.hotline@mapleleaf.com Maple Leaf records year-over-year Adjusted EBITDA growth of 37% to $141 million Company on track to meet its 2024 priorities and execute its transformative spin-off of pork business MISSISSAUGA, ON , Aug. 8, 2024 /PRNewswire/ - Maple Leaf Foods Inc. ("Maple Leaf Foods" or "the Company") (TSX: MFI) today reported its financial results for the second quarter ended June 30, 2024. "In the second quarter of 2024, we made excellent progress in executing our strategic playbook, delivering Adjusted EBITDA of $141 million, 37% growth over the second quarter of last year, and 11.2% Adjusted EBITDA Margin, a 310 basis point improvement year over year," said Curtis Frank, President and CEO of Maple Leaf Foods.
Maple Leaf Foods to unlock value as purpose-driven consumer packaged goods business, spinning off its world-leading pork business
TSX: MFI www.mapleleaffoods.com Creating two independent public companies each with a sharper focus to execute its own growth strategy and pursue its uncompromising commitment to best-in-class sustainability practices MISSISSAUGA, ON , July 9, 2024 /PRNewswire/ - Maple Leaf Foods Inc. (TSX: MFI) (Maple Leaf Foods or the Company) today announced a plan to unlock significant value by separating into two independent public companies, each primed for growth and positioned to be a leader in its field. Maple Leaf Foods will continue to pursue its vision to be the most sustainable protein company on Earth, now as a more focused, brand-led consumer packaged goods company that will meet the world's growing need for sustainably produced protein.
