date:Feb 27, 2013
y Products Group were C$31,410,000 ($30,600,000), up 95% from C$16,129,000 in the fourth quarter of 2011. Sales were C$390,603,000 ($380,800,000), down 2.3% from C$400,016,000.
Subsequent to the end of 2012, the company on Jan. 30 announced plans to close baking plants in the first half of 2013 in Grand Falls, N.B., and in Edmonton, Alta. The closings are expected to result in pre-tax restructuring costs of C$6.2 million ($6 million).
Breaking down its fourth-quarter bakery earnings jump, Mapl