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Plant closing cited in bakery profit gain at Maple Leaf
date:Feb 27, 2013
Capped by a strong fourth quarter when the company saw the financial benefits of efficiencies from a plant closing, operating earnings for the Bakery Products Group of Maple Leaf Foods, Inc. were C$97,634,000 ($95,200,000) in the year ended Dec. 31, 2012, up 13% from C$86,294,000 in 2011. Sales were C$1,566,620,000 ($1,528 million), down 1.8% from C$1,594,520,000.

The earnings gain for 2012, and then some, was achieved entirely in the fourth quarter of the year. Operating earnings for the Baker

12/25 01:42