Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Rogers Sugar Inc. (T:RSI)

Business Focus: Sugar & Artificial Sweeteners

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 three months ended 30 December 2023, Rogers Sugar Inc revenues increased 10% to C$288.7M. Net income decreased 6% to C$13.9M. Revenues reflect Sugar segment increase of 12% to C$229.8M, Maple Products segment increase of 5% to C$58.9M, Canada segment increase of 16% to C$238.5M, Other segment increase of 10% to C$6.5M. Net income was offset by Sugar segment income decrease of 12% to C$22M.
Employees: 954 as of Sep 30, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $1,035M as of Dec 30, 2023
Annual revenue (TTM): $1,132M as of Dec 30, 2023
EBITDA (TTM): $121.58M as of Dec 30, 2023
Net annual income (TTM): $50.97M as of Dec 30, 2023
Free cash flow (TTM): -$2.68M as of Dec 30, 2023
Net Debt Last Fiscal Year: $439.02M as of Dec 30, 2023
Shares outstanding: 127,916,834 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization