Clearly Canadian has said that its losses in the first quarter fell as revenues increased by 70% year-on-year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Losses for the quarter ended 31 Mach fell to C$1.1m (US$1.1m) from C$1.5m on the back of revenues which rose to C$2.5m.


The Toronto-based food and drink company said that this increase was the result of acquisitions made in the first half of 2007, when it purchased healthy snack foods and baby foods units.


Bobby Genovese, chairman and CEO, said that Clearly anticipated a positive cash flow in 2009 and beyond.


“We continue to be on track to meet our revenue projections for existing operations of approximately C$16m for 2008 – a 50% plus increase over 2007 – and are looking at numerous promising acquisition opportunities,” he said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We will continue to pursue opportunities to expand our footprint into the natural and organic marketplace, in order to capitalise on our existing highly effective distribution and selling agreements into this rapidly expanding sector.”