Maple Leaf Reports Financial Results for Q2 2008
CANADA - Maple Leaf Foods' report to 30 June 2008 includes adjusted earnings (loss) per share of ($0.01) compared to $0.13 last year, as higher grain and fuel costs outpaced price increases. Restructuring of protein operations are on track, with Brandon plant expansion ahead of plan. Benefits from restructuring, stabilization of commodity markets and pricing are expected to improve earnings in the second half of 2008.
30 July 2008
2 minute read
