Articles Tagged with ''Maple Leaf Foods''

Adjusted Operating Earnings for the second quarter was $22.8 million compared to $63.1 million last year.

Maple Leaf Foods will sell the company's commercial turkey farms to Ernald Enterprises Limited and its breeder farms and hatchery operation to Cuddy Farms Limited.

The report highlights the company's sustainability and community outreach efforts to date with a particular focus on 2012.

Adjusted Operating Earnings for the year increased 8.1% to $280.0 million following strong second half results.

Maple Leaf Foods Inc. announced that it has entered into a definitive agreement to sell its potato processing facility in Lethbridge, Alberta to Cavendish Farms.

Maple Leaf Foods announced that it has entered into a definitive agreement to acquire the Puratone Corporation, a leading Manitoba hog production company, for approximately $42 million.

Adjusted operating earnings for the quarter were $76.3 million compared to $73.3 million last year, and net earnings for the third quarter were $32.6 million, compared to $43.0 million in the third quarter last year.

Net earnings for the second quarter were $32.5 million, compared to $24.6 million in the second quarter last year.

"We are very pleased with our results for the year and we remain on track to deliver our earnings and margin growth for 2012 through 2015," said Michael H. McCain, president and CEO.

Maple Leaf Foods announced that it will consolidate its further processed poultry operations into its Brantford and Mississauga Ontario facilities where there is available capacity and opportunities for future growth.