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Maple Leaf Foods Inc. (T:MFI)

Business Focus: Meat Processing

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
See Regulatory Filings on SEDAR
Company Contact
Address: 6985 Financial Dr
Tel: N/A
IR: See website
Key People
Michael H. Mccain
Executive Chairman of the Board, Chief Executive Officer
Stephane Dubreuil
Senior Vice President - Strategy and Corporate Development
Curtis E. Frank
President, Chief Operating Officer
Geert Verellen
Chief Financial Officer
Michael E. Detlefsen
President, Pork Complex
Adam J. Grogan
President, Greenleaf Foods, SPC
Suzanne Hathaway
Senior Vice President, General Counsel, Corporate Secretary
Bentley A. Brooks
Senior Vice President and General Manager, Poultry
Joshua H. Kuehnbaum
Senior Vice President - Foodservice Sales and Marketing
Casey Richards
Senior Vice President of Marketing and Innovation
Business Overview
Maple Leaf Foods Inc. is a Canada-based consumer food company. The Company offers its products under various brands, such as Maple Leaf, Schneiders, Maple Leaf Prime, Maple Leaf Natural Selections, Mina, Big Stick, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Cappola, Deli Express, Field Roast Grain Meat Co., Holiday, Hygrade, Larsen, Lunch Mate, Main Street Deli, Maple Leaf Foodservice, Mitchell's, Olympic Craft Meats, Parma, Shopsy's, Sunrise, Lightlife, and Swift. It operates through two segments: The Meat Protein Group and the Plant Protein Group. The Meat Protein Group is comprised of prepared meats, ready-to-cook and ready-to-serve meals, hog production and value-added fresh pork and poultry products. The Plant Protein Group is comprised of refrigerated plant protein products, grain-based protein and vegan cheese products sold to retail, foodservice and industrial channel. It operates across Canada, the United States. and Asia.
Financial Overview
For the nine months ended 30 September 2022, Maple Leaf Foods Inc revenues increased 4% to C$3.55B. Net loss totaled C$270.4M vs. income of C$100.9M. Revenues reflect Meat Protein Group segment increase of 5% to C$3.44B, Canada segment increase of 7% to C$2.66B, United States segment increase of 9% to C$449.4M. Net loss reflects Meat Protein Group segment income decrease of 51% to C$133.6M, Non-Allocated segment loss increase from C$5M to C$42.8M.
Employees: 13,500 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $4,408M as of Sep 30, 2022
Annual revenue (TTM): $4,674M as of Sep 30, 2022
EBITDA (TTM): $260.45M as of Sep 30, 2022
Net annual income (TTM): -$268.52M as of Sep 30, 2022
Free cash flow (TTM): -$301.19M as of Sep 30, 2022
Net Debt Last Fiscal Year: $1,710M as of Sep 30, 2022
Shares outstanding: 123,288,172 as of Dec 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization