SunOpta Eyes Return To Profitability In 2010

Canada-based SunOpta, which specialises in natural and organic food, has booked declining revenues for 2009. For the 12 months to the end of December the firm reported a net loss of US$6.8mn in 2009 on revenues of US$989mn. This compares to a net loss of US$6.8mn on sales of US$1.06bn in 2009. During the final quarter of the year Sunopta registered a net loss of US$2.2mn, compared to US$17mn in the fourth quarter of 2008. However, adjusted earnings came in at US$3.9mn for the quarter, compared to a loss of US$1.1mn in the same period of 2008. Commenting on these

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