)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Maple Leaf Foods (MFI) investor relations material
Maple Leaf Foods Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Completed the spin-off of pork operations into Canada Packers on October 1, 2025, transforming the company into a focused CPG protein business with a 16% stake in the new entity and a long-term supply agreement; Q3 2025 is the last period reporting Total Company results inclusive of pork operations.
Achieved 8% year-over-year revenue growth to $1,356.3 million in Q3 2025, with strong performance across CPG, Prepared Foods, Poultry, and Pork segments.
Adjusted EBITDA increased by 22% to $171.4 million, with margin up 140 bps to 12.6% year-over-year.
Launched two new brands, Mighty Protein and Musafir, expanding into high-protein snacks and South Asian-inspired frozen meals.
Initiated price increases in the CPG business, effective Q1 2026, to offset raw material cost inflation.
Financial highlights
Q3 2025 sales: $1,356.3 million (+8.0% YoY); Adjusted EBITDA: $171.4 million (+21.7% YoY); margin up 140 bps to 12.6%.
Continuing operations (excluding pork): Q3 sales $1,010.5 million (+8.0%), Adjusted EBITDA $111.7 million (+19.1%), margin 11.1%.
Net earnings increased to $43.1 million ($0.35 per share), up from $17.7 million ($0.14 per share) in Q3 2024.
Free cash flow was $46.2 million for the quarter and $248.6 million year-to-date, down year-over-year due to higher working capital and lower tax refunds.
Net debt reduced by $242.4 million year-over-year to $1,354.9 million; leverage ratio at 2.0x trailing 12-month adjusted EBITDA.
Outlook and guidance
No updated guidance for the remainder of 2025 due to the spin-off; long-term guidance framework to be provided in coming months.
On track to deliver full-year 2025 Adjusted EBITDA guidance of $680M–$700M.
Expect continued margin pressure in Q4 due to input cost inflation, with price increases to take effect in Q1 2026.
SG&A reduction initiatives and cost discipline expected to drive further efficiencies in 2026.
Focus on margin expansion, cost reduction, and leveraging capital project benefits.
How will new tools reduce margin volatility?
Addressable market for Mighty Protein and Musafir?
How to offset lost pork market natural hedge?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Maple Leaf Foods earnings date
Q4 202526 Feb, 2026
Next Maple Leaf Foods earnings date
Q4 202526 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Maple Leaf Foods Inc produces and markets prepared meats, fresh pork, and plant-based protein products. The company operates food processing facilities and distributes its brands across retail and foodservice channels in Canada and internationally. The company is headquartered in Mississauga, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage