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Sunopta Inc
SunOpta, Inc. engages in the provision of plant-based and fruit-based food and beverage products for sale to retail customers, foodservice distributors, branded food companies, and food manufacturers. The company is headquartered in Mississauga, Ontario and currently employs 1,380 full-time employees. The firm operates through two segments: Plant-Based Food and Beverages, and Fruit-Based Foods and Beverages. The Plant Foods and Beverages segment offers a full line of plant-based beverages and liquid and dry ingredients (utilizing almond, soy, coconut, oat, hemp, and other bases), as well as broths, teas and nutritional beverages. The Fruit-Based Foods and Beverages segment offers individually quick frozen (IQF) fruit for retail, IQF and bulk frozen fruit for foodservice (including purees, fruit cups and smoothies), and custom fruit preparations for industrial use. The company also offers non-dairy beverages brands such as Dream and Westsoy.
SunOpta, Inc. engages in the provision of plant-based and fruit-based food and beverage products for sale to retail customers, foodservice distributors, branded food companies, and food manufacturers. The company is headquartered in Mississauga, Ontario and currently employs 1,380 full-time employees. The firm operates through two segments: Plant-Based Food and Beverages, and Fruit-Based Foods and Beverages. The Plant Foods and Beverages segment offers a full line of plant-based beverages and liquid and dry ingredients (utilizing almond, soy, coconut, oat, hemp, and other bases), as well as broths, teas and nutritional beverages. The Fruit-Based Foods and Beverages segment offers individually quick frozen (IQF) fruit for retail, IQF and bulk frozen fruit for foodservice (including purees, fruit cups and smoothies), and custom fruit preparations for industrial use. The company also offers non-dairy beverages brands such as Dream and Westsoy.
Revenue Beat: SunOpta exceeded its own Q3 revenue expectations, with growth driven entirely by higher sales volumes and strong demand across major categories.
Operational Challenges: The company faced short-term margin pressure due to temporary inefficiencies, higher maintenance costs, and overtime as it accelerated production to meet unexpected demand.
Outlook Updated: Full-year 2025 revenue guidance was raised to $812–816 million, reflecting accelerated demand, but margin expansion and EBITDA growth are now expected to resume by mid-2026.
Capacity Investments: SunOpta is investing $35 million in new aseptic processing capacity at its Midlothian facility, timed with a wastewater system upgrade to unlock further growth from 2027 onward.
Long-term Confidence: Management remains confident in its long-term growth and margin targets, citing strong category momentum and durable customer relationships.