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Sunopta Inc (SOY.TO)

SOY.TO on Toronto Stock Exchange

9.94CAD
23 May 2018
Change (% chg)

$0.16 (+1.64%)
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$9.78
Open
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$9.83
Volume
12,600
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29,846
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$13.53
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Latest Key Developments (Source: Significant Developments)

Sunopta Reports Q1 Adjusted Loss Per Share Of $0.07
Wednesday, 9 May 2018 

May 9 (Reuters) - Sunopta Inc ::SUNOPTA ANNOUNCES FIRST QUARTER FISCAL 2018 FINANCIAL RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.07.Q1 REVENUE $312.7 MILLION VERSUS I/B/E/S VIEW $310.5 MILLION.Q1 EARNINGS PER SHARE VIEW $-0.05 -- THOMSON REUTERS I/B/E/S.  Full Article

Oaktree Acquires Additional Shares Of Sunopta
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Sunopta Inc ::OAKTREE ACQUIRES ADDITIONAL SHARES OF SUNOPTA.‍OAKTREE CAPITAL MANAGEMENT SAYS FUNDS MANAGED BY OAKTREE INCREASED THEIR BENEFICIAL OWNERSHIP IN COMMON SHARES OF SUNOPTA INC​.OAKTREE CAPITAL MANAGEMENT SAYS ‍ON DEC 15, FUNDS MANAGED BY OAKTREE ACQUIRED 3.7 MILLION SUNOPTA COMMON SHARES AT $7.50 / SHARE.  Full Article

SunOpta Announces Investment In Roasted Snacks Capabilities
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - SunOpta Inc ::SUNOPTA INC. ANNOUNCES INVESTMENT IN ROASTED SNACKS CAPABILITIES.SUNOPTA INC - IS MAKING "SIGNIFICANT" INVESTMENT IN ITS ROASTED SNACKS OPERATIONS AT ITS FACILITY IN CROOKSTON, MN.SUNOPTA - IN CONJUNCTION WITH INVESTMENT, CUSTOMERS AND CAPABILITIES FROM WAHPETON, ND ROASTING FACILITY WILL BE CONSOLIDATED INTO CROOKSTON LOCATION.SUNOPTA INC - IN CONJUNCTION WITH INVESTMENT, OPERATIONS AT WAHPETON LOCATION ARE ANTICIPATED TO CEASE DURING SECOND FISCAL QUARTER OF 2018.SUNOPTA - EXPECTS TO INCUR EXPENSES RELATING TO WAHPETON FACILITY CLOSURE OF APPROXIMATELY $2.0 MILLION TO $2.5 MILLION RELATED TO ASSET IMPAIRMENT CHARGES.SUNOPTA - CHARGES RELATING TO WAHPETON FACILITY CLOSURE ARE EXPECTED TO BE RECOGNIZED DURING Q4 OF FISCAL 2017.  Full Article

Sunopta Q3 adjusted loss per share $0.02
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Sunopta Inc :Sunopta announces third quarter fiscal 2017 financial results.Q3 adjusted loss per share $0.02.Q3 loss per share $0.09 from continuing operations.Q3 revenue $320.7 million versus i/b/e/s view $335.7 million.Q3 earnings per share view $0.02 -- Thomson Reuters I/B/E/S.Sunopta inc - ‍derek briffett has been appointed to company's board of directors, increasing size of board to nine directors​.Sunopta - ‍announcement of exit from nutrition bar product lines and operations in carson city, nv, targeting substantial completion by end of q4 2017​.  Full Article

Sunopta,units oenter into amendment to existing credit agreement
Saturday, 23 Sep 2017 

Sept 22 (Reuters) - Sunopta Inc ::On Sept 19, co, Sunopta Foods, Organic Corp, certain other subsidiaries of company entered into amendment to existing credit agreement​ - SEC filing.Amendment ‍to asset-based revolving credit facility adds additional U.S. Asset-Based revolving credit subfacility of $15 million.Proceeds of new U.S. Subfacility to repay borrowings under existing U.S. asset-based revolving credit subfacility per Existing Credit Agreement​.  Full Article

SunOpta announces strategic partnership with Oaktree
Friday, 7 Oct 2016 

SunOpta Inc : SunOpta announces strategic partnership with Oaktree . Company appoints three independent directors to Sunopta board . Secures $85 million equity investment . Proceeds from investment have been used to reduce company's 2nd lien debt . Sunopta is conducting a thorough review of company's operations, management and governance . Board of directors has appointed two Oaktree-nominated independent directors, Dean Hollis and Al Bolles, to board . Expects to provide an updated mid-range plan which will include performance improvements and cost savings to be realized in 2017 . Oaktree also has the right to purchase up to 3 million shares of Sunopta common stock in open market for a period of one year . Sunopta inc says company appoints three independent directors to Sunopta board . Secures $85 million equity investment . In reaching the agreement with Oaktree, Sunopta has concluded previously announced review of strategic alternatives for co . Under agreement, Oaktree invested $85 million in Sunopta in form of exchangeable preferred shares . Rothschild Inc is acting as financial advisor to Sunopta and Davies Ward Phillips & Vineberg LLP and Stoel Rives are acting as its legal advisors .Oaktree's ownership is subject to a 19.99% cap under agreement unless and until shareholder approval is obtained to remove cap.  Full Article

Sunopta reported Q2 EPS $0.05
Wednesday, 10 Aug 2016 

Sunopta Inc : Q2 loss per share $0.05 from continuing operations . Q2 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.05 . Sunopta announces second quarter fiscal 2016 financial results . Q2 revenue $348.1 million versus I/B/E/S view $361.6 million . Revenue was negatively impacted by approximately $3.5 million during Q2 due to recall of certain sunflower products . In comparison to reported results for Q2 of 2016, for Q3 company expects revenues to increase by $10 million to $15 million . In comparison to reported results for Q2 of 2016, Q3 adjusted EBITDA expected to increase by $2.5 million to $3.5 million .For first half of 2016, estimated losses of $16.0 million were recognized in relation to recall of certain Sunflower Kernel products.  Full Article

BRIEF-Sunopta Reports Q1 Adjusted Loss Per Share Of $0.07

* SUNOPTA ANNOUNCES FIRST QUARTER FISCAL 2018 FINANCIAL RESULTS