Sector: Consumer Non-Cyclicals | Industry: Food Processing |
Company Contact | |
Address: | 123 Rogers Street VANCOUVER BC V6B 3N2 |
Tel: | 1-514-9404350 |
Website: | https://www.lanticrogers.com |
IR: | See website |
Key People | ||
Michael W. Walton President, Chief Executive Officer | Jean-Sebastien Couillard Chief Financial Officer, Vice President - Finance, Corporate Secretary | Patrick Dionne Vice President - Operations Services, Supply Chain and Sustainability |
Rod Kirwan Vice President - Sales and Marketing | Jean-franois Khalil Vice President - Human Resources | Adam James Vice President - Sugar Manufacturing | Louis Turenne Vice President and General Manager, The Maple Treat Corporation |
Business Overview |
Rogers Sugar Inc. is a provider of sugar products to the Canadian market. The Company operates through two segments: Sugar, which includes refined sugar and by-products, and Maple, which includes maple syrup and maple derived products. The Company operates through its wholly owned subsidiaries, Lantic Inc. (Lantic) and The Maple Treat Corporation (TMTC). Lantic sugar products include granulated, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups. Lantic also operates a distribution center in Toronto, Ontario. Lantic operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. TMTC products include maple syrup and derived maple syrup products supplied under retail private label brands in over 50 countries and are sold under various brand names. TMTC operates bottling plants in Granby, Degelis and St-Honore-de-Shenley, Quebec and in Websterville, Vermont. |
Financial Overview |
For the six months ended 30 March 2024, Rogers Sugar Inc revenues increased 10% to C$589.6M. Net income increased 8% to C$27.8M. Revenues reflect Sugar segment increase of 12% to C$472.8M, Maple Products segment increase of 3% to C$116.9M, Canada segment increase of 14% to C$480.7M, United States segment increase of 5% to C$80.7M, Other segment increase of 6% to C$12.9M. |
Employees: | 954 as of Sep 30, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1,193M as of Mar 30, 2024 |
Annual revenue (TTM): | $1,160M as of Mar 30, 2024 |
EBITDA (TTM): | $124.80M as of Mar 30, 2024 |
Net annual income (TTM): | $53.84M as of Mar 30, 2024 |
Free cash flow (TTM): | -$13.99M as of Mar 30, 2024 |
Net Debt Last Fiscal Year: | $381.47M as of Mar 30, 2024 |
Shares outstanding: | 127,916,834 as of Apr 17, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |