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Maple Leaf Foods Inc. (T:MFI)

Business Focus: Meat Processing

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
Company Contact
Address: 6897 Financial Dr
MISSISSAUGA ON L5N 0A8
Tel: N/A
Website: https://www.mapleleaffoods.com
IR: See website
Key People
Michael H. Mccain
Executive Chairman of the Board
Joshua H. Kuehnbaum
Senior Vice President - Foodservice and International
Curtis E. Frank
President, Chief Executive Officer, Director
Casey Richards
President, Chief Growth Officer, President - Maple Leaf Foods USA
Geert Verellen
Chief Financial Officer
Dennis Organ
President, Pork Complex
Adam J. Grogan
Chief Operating Officer
Suzanne Hathaway
Senior Vice President, General Counsel, Communications and Corporate Secretary
Bentley A. Brooks
Senior Vice President and General Manager, Poultry
Stephane Dubreuil
Senior Vice President - Strategy and Corporate Development
   
Business Overview
Maple Leaf Foods Inc. is a carbon neutral company. The Company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, value-added fresh pork and poultry, and plant protein products. It operates through two segments: the Meat Protein Group and the Plant Protein Group. The Meat Protein Group segment is comprised of prepared meats, ready-to-cook and ready-to-serve meals, and value-added fresh pork and poultry products that are sold to retail, foodservice and industrial channels, and agricultural operations in pork and poultry. It includes brands such as Maple Leaf, Maple Leaf Prime, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., and many regional brands. The Plant Protein Group segment is comprised of refrigerated plant protein products, grain-based protein and vegan cheese products sold to retail, foodservice and industrial channels. The Plant Protein Group includes the brands Lightlife and Field Roast.
Financial Overview
For the fiscal year ended 31 December 2023, Maple Leaf Foods Inc revenues increased 3% to C$4.87B. Net loss decreased 60% to C$125M. Revenues reflect Meat Protein Group segment increase of 3% to C$4.74B, Canada segment increase of 2% to C$3.61B, Other countries segment increase of 36% to C$285.8M. Lower net loss reflects Plant Protein Group segment loss decrease of 60% to C$51.9M. Dividend per share increased from C$0.60 to C$0.84.
Employees: 13,500 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $4,653M as of Dec 31, 2023
Annual revenue (TTM): $4,868M as of Dec 31, 2023
EBITDA (TTM): $324.85M as of Dec 31, 2023
Net annual income (TTM): -$124.98M as of Dec 31, 2023
Free cash flow (TTM): -$113.84M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,928M as of Dec 31, 2023
Shares outstanding: 122,704,659 as of Jan 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization