Overview
* Rogers Sugar ( RSGUF ) fiscal Q3 revenue rises to C$313.8 mln, beating analyst expectations
* Adjusted EBITDA for fiscal Q3 increases to C$36.6 mln, driven by Sugar segment
* Co progressing with LEAP Project to expand sugar refining capacity in Montréal
Outlook
* Company anticipates sugar sales volume of 785,000 metric tonnes in 2025
* Maple segment sales volume expected to grow by 3.0 mln lbs in 2025
* Company monitoring US tariffs, plans to adjust strategy as needed
Result Drivers
* SUGAR SEGMENT - Higher sales volume and improved gross margins drove increased adjusted EBITDA
* MAPLE SEGMENT - Higher sales volumes but decreased adjusted EBITDA due to unfavorable product mix
* US TARIFFS - Limited impact on business segments despite market volatility
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat C$313.76 C$307
Revenue mln mln (2
Analysts
)
Q3 C$17.04
Adjusted mln
Net
Income
Q3 Net C$14.43
Income mln
Q3 C$36.56
Adjusted mln
EBITDA
Q3 C$33.07
EBITDA mln
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the food processing peer group is "buy."
* Wall Street's median 12-month price target for Rogers Sugar Inc ( RSGUF ) is C$6.50, about 12.2% above its August 11 closing price of C$5.71
* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)