Maple Leaf Foods

Solid company

Target of $45 CAD

Too low of a dividend but a great horse to ride up. Hopefully they increase the dividend soon.

With the challenging Q2/21 behind it and a much more favourable outlook for Q2/21,I expect the shares to materially outperform not just over the rest of the year, but also over the next few years. Valuation remains below long-term averages and this is considerably more evident when looking at it from an SOTP basis. With Meat on track to hit 14% EBITDA margin by the end of 2022

Maple Leaf Foods is a leading consumer protein
company headquartered in Toronto, Canada.
The company has over 11,000 employees in its
operations across North America. It exports to
more than 20 global markets, including the U.S.
and Asia

Maple Leaf profit soars

http://www.globeinvestor.com/servlet/ArticleNews/story/RTGAM/20040722/wmaple0722

Rothsay moves to offer renewable energy for transportation - invests $14.5 million to produce biodiesel


Rothsay to invest over $14.5 million to produce biodiesel, a proven alternative fuel

Ville Sainte-Catherine, Monday, June 14 – Rothsay is now firmly committed to producing biodiesel, a totally “green” alternative fuel that has proven its worth, particularly with the very conclusive findings of the BIOBUS project, launched in Montréal in 2002. The company will dedicate nearly $14.5 million in total, $7 million of incremental investment in the coming months to expand biodiesel production at its Ville Sainte-Catherine plant in the outskirts south of Montréal. The 100% private investment will strengthen Rothsay’s position among the leading biodiesel producers in Canada. Work on the expansion will begin this summer and be completed next spring.

Rothsay, a fully owned subsidiary of Maple Leaf Foods Group Inc., specializes in recycling agro industry wastes (animal fat and recycled cooking oil), the main raw materials for producing biodiesel. With the investment it announced today, Rothsay will create over a dozen positions for specialists (chemists) and maintain some 60 other jobs, not counting indirect employment. It will also boost its present biodiesel production capacity of 4 million litres by 35 million litres annually, with a possible further expansion to 70 million litres.

Rothsay’s Ville Sainte-Catherine site is home to Canada's first plant for the commercial production of biodiesel.

“We are convinced that biodiesel is a winning solution, both economically and environmentally,” declared Claude Bourgault, Québec General Manager for Rothsay. “Biodiesel is a high-performance, easy-to-use fuel that helps tangibly and significantly reduce greenhouse gas (GHG) and other polluting emissions. Biodiesel has proven its worth and provides Québec with a unique opportunity to develop a very high-potential ‘green’ industry,” he added.

Québec has an abundant supply of fats. An estimated 90% of biodiesel produced in Québec could come from existing sources of fat with no pressure on farmland or threat to the environment.

“Without a doubt, biodiesel is among the future solutions for sustainable transportation. It also provides an industry hard-hit in recent years (mad cow disease) with a unique opportunity for intelligent recycling by capitalizing on wastes that are plentiful in Québec. And its a profitable solution,” concluded Claude Bourgault.

Maple Leaf Foods Purchases Additional Canada Bread Shares

Toronto, Ontario - May 5, 2003 - Maple Leaf Foods today announced that it has purchased 1,165,300 million common shares of Canada Bread Company, Limited at $25.00 per share. The shares, which represent about 4.6% of Canada Bread's outstanding shares, were purchased on the TSX.

The shares were purchased for investment purposes. "The purchase further demonstrates Maple Leaf Foods' long-term commitment to the bakery business." said Tom P. Muir, Chief Financial Officer of Maple Leaf Foods. Maple Leaf Foods may or may not purchase additional shares of Canada Bread in the future, depending on market conditions.

Prior to this transaction, Maple Leaf Foods beneficially owned 18,633,315 common shares representing approximately 73.3% of the outstanding common shares. Subsequent to the transaction Maple Leaf Foods owns 19,798,615 common shares representing approximately 77.9% of the outstanding common shares of Canada Bread.

Maple Leaf Foods, Inc. is a leading Canadian food processing company committed to delivering quality food products to consumers around the world. Headquartered in Toronto, Canada, the Company employs more than 18,000 people at its operations across Canada, and in the United States, Europe and Asia. Maple Leaf Foods Inc. reported sales of $5.1 billion in 2002.