SunOpta (STKL) Tops Q4 EPS by 3c, Revenues Miss

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SunOpta Announces Fourth Quarter Fiscal 2019 Financial Results

February 27, 2020 7:30 AM EST

Adjusted EBITDA doubled YOY excluding disposed operations

TORONTO--(BUSINESS WIRE)-- SunOpta Inc. (SunOpta or the Company) (Nasdaq: STKL) (TSX: SOY), a leading global company focused on plant-based foods and beverages, fruit-based foods and beverages, and organic ingredient sourcing and production, today announced financial results for the fourth quarter ended December 28, 2019.

I am pleased to report that SunOpta doubled adjusted EBITDA, excluding disposed operations, in the fourth quarter versus the prior year. The adjusted EBITDA results were primarily driven by strong revenue growth and margin expansion in... More