Maple Leaf Foods Inc ("Maple Leaf Foods" or the "Company") (TSX: MFI) today reported its financial results for the third quarter ended September 30, 2025.
Third Quarter Highlights Total Company(i)
- Total Company Sales(ii) were $1,356.3 million for the third quarter, compared to $1,255.5 million for the same period last year, an increase of 8.0%. Sales in the Prepared Foods, Poultry, and Pork operating units(iii) increased by 4.4%, 15.7%, and 10.4% respectively.
- Total Company Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization ("Adjusted EBITDA")(ii) grew to $171.4 million, a 21.7% increase from the third quarter of last year, with Adjusted EBITDA margin increasing from 11.2% to 12.6% for the same period.
- Earnings for the third quarter of 2025 were $43.1 million ($0.35 earnings per basic share) compared to $17.7 million ($0.14 earnings per basic share) last year. Adjusted Earnings per Share(ii) for the third quarter of 2025 was $0.49 compared to $0.18 last year.
- Net Debt(ii) was $1,354.9 million, with Net Debt to Trailing Twelve Months Total Company Adjusted EBITDA(ii) of 2.0x improving from 2.1x at the end of the second quarter of 2025 and 3.1x at the same time a year ago.
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