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Maple Leaf Foods continues to post losses, sales drop after Canada Bread sale

2014-10-30 16:10:00| Food - Topix.net

A slimmed-down Maple leaf Foods Inc. is reporting losses at its continuing operations during the third quarter as it closes older plants, including one in New Brunswick, and shifts production to a newer operation in southern Ontario. Maple Leaf's net loss was $26.7 million or 19 cents per share, which was more than the $24.5 million or 18 cents per share in last year's third quarter.

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