Canada-based organic foods producer SunOpta saw earnings fall for the first nine months of 2008, despite a rise in sales.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Earnings reached C$6.1m (US$5.2m) compared to C$7.5m for the first nine months of 2007. The results include professional and related fees and severance costs of C$7.6m related to SunOpta’s investigation and related activities into the write-down at the company’s berry operations.


For the period to 30 September, revenue reached C$810.1m versus $592.6m for the same period in 2007, driven by the acquisition of The Organic Corporation in April.


Operating income for the nine months reached C$20.3m compared to C$16.6m for the same period last year.


Despite this, pre-tax profit dipped 3.8% to C$9.8m from C$10.2m in the previous year.

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.

Meanwhile, revenue for the third quarter of 2008 increased by 41.2% to C$287.7m compared to C$203.8m in fiscal 2007.


Operating income was C$9.4m versus C$5.8m in 2007, an increase of 64%.