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Maple Leaf Foods Inc.

10:00 AM EST - Maple Leaf Foods Inc. : Reported its financial results for the third quarter ending September 30, 2018. Third-quarter sales decreased 3.7% to $874.8 million and Adjusted Earnings per Share decreased 25.6% to $0.29 compared to the same quarter last year. Adjusted EBITDA Margin for the quarter was 9.3%, while Free Cash Flow decreased to $45.1 million. Net earnings for the third quarter decreased to $26.6 million ($0.21 per basic share) compared to $37.6 million ($0.29 per basic share) in the third quarter of 2017. Maple Leaf Foods Inc. shares T.MFI are trading down $2.11 at $30.47.