SunOpta Expects $670M-$700M Revenue In 2024, Driven By Volume And Adjusted EBITDA Growth; Maintains 2023 Outlook, Adjusting For Divestiture Of Frozen Fruit
Portfolio Pulse from Benzinga Newsdesk
SunOpta has projected its revenue for 2024 to be between $670M and $700M, driven by volume and adjusted EBITDA growth. The company has maintained its 2023 outlook, adjusting for the divestiture of its frozen fruit business.
November 08, 2023 | 10:44 pm
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SunOpta's projected revenue growth and maintained 2023 outlook, despite the divestiture of its frozen fruit business, could indicate a positive outlook for the company's performance.
SunOpta's projected revenue growth, driven by volume and EBITDA, indicates a positive financial outlook. The company's decision to maintain its 2023 outlook, despite divesting its frozen fruit business, suggests confidence in its other operations. This could positively impact the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100