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$RSI.TO

3 stories mentioning RSI.TOUpdated 13d ago

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Mining & Metals

Rogers Sugar Says Workers at Its Montreal Refinery Ratified a New Five-Year Agreement

Rogers Sugar (RSI.TO) on Thursday said Le Syndicat des Travailleuses et Travailleurs de Sucre Lantic - CSN, the union that represents the majority of employees at its Montreal refinery, ratified a new five-year agreement.The previous agreement expired on May 31, said the company and added that over the past few months, the company and the union have met on several occasions with the objective of reaching a new collective agreement.The Montreal refinery employs about 240 unionized workers."The ratification of this five-year agreement is a positive outcome for everyone at the Montreal refinery," said chief executive Mike Walton. "We are committed to a stable and productive working environment, and this agreement reflects that shared interest. This new agreement will anchor our continued commitment to our customers and support the completion our LEAP project, strengthening our position as a leading supplier to the Canadian food industry."The company's shares were last seen up $0.065 to $6.895 on the Toronto Stock Exchange.Price: $6.90, Change: $+0.07, Percent Change: +1.02%

$RSI.TO
Mining & Metals

Rogers Sugar Q2 Adjusted Earnings Rise 15%

Rogers Sugar (RSI.TO) second-quarter adjusted earnings rose 15% even as revenue fell, the company said after trade on Thursday.Adjusted earnings, which excludes most one-time items, rose to $18.6 million, or $0.14 per share, from $16.2 million, or $0.13, in the prior-year period. The increase reflected stronger contributions from the Sugar segment, partially offset by lower contributions from the Maple segment, the company said.Revenue fell to $280.6 million from $338.2 million over the same period. The decrease was largely driven by a lower average price for Raw #11 futures and lower sales volume.Rogers Sugar also reported that sugar sales volume totaled 175,000 tonnes in the second quarter, down 23,000 tonnes, or 12%, from the same period last year, mainly reflecting lower export sales.The company will pay a regular quarterly dividend of $0.09 per share, on July 15.Rogers Sugar closed up $0.11 to $6.63 on the Toronto Stock Exchange.

$RSI.TO
Mining & Metals

Earnings Flash (RSI.TO) Rogers Sugar Reports Q2 Revenue $280.6M; Adjusted Net EPS Basic $0.14

$RSI.TO

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