Maple Leaf Foods Inc. (Maple Leaf) is a meat, meals and bakery company serving wholesale, retail and foodservice customers across North America and internationally. The Company operates in three segments: the Meat Products Group, the Agribusiness Group and the Bakery Products Group. Meat Products Group comprises processed packaged meats; chilled meal entrees and lunch kits, and pork, poultry and turkey products, and global meat sales. Agribusiness operations include swine production and animal by-products recycling operations. Bakery Products Group comprises the Company’s 89.8% ownership in Canada Bread Company, Limited, a producer of bakery products including breads, rolls, bagels, artisan and sweet goods, sandwiches and fresh pasta and sauces. On January 29, 2008, the Company acquired the shares of Aliments Martel Inc. During the year ended December 31, 2008, the Company sold most of its Ontario hog production operations and all of its wholly owned production investments in Alberta.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Maple Leaf Foods Inc.'s revenues increased 2% to C$2.6B. Net income totaled C$7.8M vs. a loss of C$9.4M. Revenues reflect an increase in sales from Meat Products group segment and higher income from Bakery Products group segment. Net income reflects an increase in gross margins, a decrease in restructuring & other related costs and lower expenses related to interest.
Company Address
Maple Leaf Foods Inc.
30 St. Clair Avenue West Suite 1500 Toronto ON M4V 3A2
P: +1416.9262000 F: +1416.9262018