SunOpta has said it is pleased with its half-year performance, after reporting rises in both sales and profits.
For the 26 weeks to the end of June, SunOpta saw net sales rise by 4% to US$541.6m. Net profits, meanwhile, jumped by 38% on the same period of last year, to $14.97m, despite a fall in earnings from non-controlling interests.
Earnings from continuing operations rose by 11%, while operating profits rose by 26% to $27m.
Steve Bromley, CEO of SunOpta, said: "We are very pleased with our second quarter and first-half results as they reflect continued momentum in our core natural and organic foods business, plus the positive impact of operational improvements."
Source:
http://www.just-food.com/news/sunopta-upbeat-on-h1-sales-profits-rises_id120124.aspx