Asset Optimization Strategy
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SunOpta (STKL) - 2024 Q4 - Earnings Call Presentation
2025-02-26 23:25
Strategy & Growth - SunOpta aims to double its revenue by 2025, building on investments made since 2020 [16] - The company's solutions offering has sustained double-digit revenue growth, with an 11% CAGR [22] - SunOpta is targeting high single-digit revenue growth, fueled by optimizing equipment productivity [38] Financial Performance & Outlook - Q4 2024 revenue increased by 9% to $194 million, driven by a 13% volume increase [54] - Adjusted EBITDA for Q4 2024 increased by 20% to $26.1 million [54] - Full year 2024 revenue increased by 15% to $724 million, with a 21% volume increase [57] - Adjusted EBITDA for full year 2024 increased by 17% to $89 million [57] - The company projects revenue between $775 million and $805 million for FY25, representing a 7%-11% increase [60] Asset Optimization Strategy - SunOpta's Asset Optimization Strategy aims to improve gross margin by +400bps [34] - Capital expenditures are expected to decline by approximately 50%, targeting $30 million to $35 million annually [40, 42]