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 |