earnings
confidence high
sentiment positive
materiality 0.80
SunOpta Reports Q4 and Fiscal 2024 Results: Revenue Up 9% to $193.9M, Adjusted EBITDA Up 20% to $26.1M
SunOpta Inc.
2024-FY EPS reported
-$0.15
revenue$723,728,000
- Revenue from continuing operations increased 8.9% to $193.9 million, driven by 12.8% volume growth.
- Adjusted EBITDA from continuing operations increased 20.0% to $26.1 million, or 13.5% of revenues.
- Loss from continuing operations was $4.6 million, compared to a loss of $3.0 million in prior year.
- Strong free cash flow enabled sequential debt reduction of $24.7 million, achieving leverage target of 3.0x.
- Fiscal 2025 outlook: revenue $775-805M (7-11% growth), adjusted EBITDA $97-103M (9-16% growth).