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STKL SunOpta Inc.(Nasdaq:STKL)
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Wednesday, November 1, 2006, 5:01:35pm Quote Report to Moderator
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SunOpta Announces Third Quarter Results
via COMTEX

November 1, 2006

TORONTO, Nov 1, 2006 (Canada NewsWire via COMTEX News Network) --

Revenue Increases 26.5% in the Quarter / Earnings Impacted by $2.1 MM Sunflower Gross Margin Losses

SunOpta Inc. (SunOpta or the Company) (Nasdaq:STKL)(TSX:SOY) today announced results for the three and nine month periods ended September 30, 2006. All amounts are expressed in U.S. dollars.

The Company achieved record revenues for the three months ended September 30, 2006, realizing its 36th consecutive quarter of increased revenue growth versus the same quarter in the previous year. Revenues in the quarter increased by 26.5% to $145,463,000 as compared to $114,950,000 in the third quarter of the prior year. The Company's revenue growth of 26.5% represents consolidated internal growth of 15.8% and growth via acquisitions of 10.7%. During the quarter the Company's vertically integrated food operations realized internal growth of 18.0%. For the nine months ended September 30, 2006 revenues have increased 42.9% to $434,520,000 as compared to $304,031,000 in the prior year. This increase reflects internal growth of 17.7% plus growth via acquisitions of 25.2%.

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http://www.smallcapcenter.com/.....C+%28NSD+%3A+STKL%29
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