Friday, March 13, 2026

Maple Leaf sales and profits up

Maple Leaf Foods has reported fourth quarter sales growth of 8.1 per cent derived from a  6.1 per cent increase in prepared foods sales and 13.1 per cent in poultry sales.

Its profit for the quarter rose by 8.3 per cent to $117 million.

The sales total was $991.2 million compared with $917.1 million for the same quarter the year before.

For the year, sales were $3,913 million compared with $3,633 million last year, an increase of 7.7 per cent and earnings were $542 million  compared with $97 million the year before.

During the year it spun off its hog production and pork slaughter business as Canada Packers.