SunOpta Inc (STKL) has released an update.
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SunOpta Inc. reported a 13.7% revenue increase to $181.6 million in Q4 2023, fueled by significant volume growth, despite a wider loss of $1.8 million compared to the previous year. The company saw a 17.5% rise in Adjusted EBITDA to $22.3 million and remains confident in its growth strategy and market position, led by strong demand for plant-based milks and fruit snacks.
For further insights into STKL stock, check out TipRanks’ Stock Analysis page.
