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January 23, 2025 – WeighPack Systems, a leader in engineering & manufacturing primary packaging machinery, proudly announces the release of the Swifty Bagger S-3600 Duplex Servo, a new powerful addition to its high-performance Swifty Bagger pre-made pouch filling machine family.

Designed to maximize productivity, flexibility, and ease of use, the Swifty Bagger S-3600 sets a new standard for high-speed pouch bagging, capable of opening, filling and sealing up to 70 pre-made pouches per minute or 4,200 pouches per hour. Equipped with twin pouch infeed conveyors and dual fill stations, this advanced bagger seamlessly handles liquids, solids, and powders with high speed and precision.

Designed for High Performance and Operator Ease

As part of the trusted Swifty Bagger family, the S-3600 features a unique straight-line design, allowing operators full visibility of the bag opening, filling, and sealing processes. This operator-friendly layout reduces the need for additional personnel, simplifies servicing, and makes cleaning a breeze, ensuring uninterrupted productivity.

The Swifty Bagger family also offers seamless integration with printers, allowing businesses to efficiently add QR codes, expiration dates, or custom branding directly onto pouches, enhancing flexibility and operational efficiency.

Key Features of the Swifty Bagger S-3600:

  • High-Speed Performance: Opens, fills, and seals up to 70 pouches per minute.
  • Dual Fill Stations: Versatile handling of liquids, solids, and powders.
  • Straight-Line Design: Simplifies operation with clear visibility of all processes.
  • Bag Magazine: Ensures consistent pouch alignment for precise performance.
  • Automatic Zipper Opener: Streamlines pouch preparation.
  • Bag Shaker: Levels products during filling for a polished finish.
  • Integrated Exit Conveyor: Improves handling efficiency.
  • Printer Integration: Compatible with various printers for on-pouch coding and branding.

Versatile Pouch Compatibility

The Swifty Bagger S-3600 handles a wide variety of pouch styles, including:

  • DOY Pack, SUP, and SURP
  • Pillow, Gusseted, Quad, and Carry Handle
  • 3-side sealed pouch, 4-side sealed pouch, shaped pouch

Whether you're packaging snacks, confectionery, seafood, meats, gummies, coffee, tabacco, flour, chemicals or pet treats, the Swifty Bagger S-3600 delivers exceptional versatility and performance, making it a valuable asset to any flexible packaging line requires high production rates.

For more information about the Swifty Bagger S-3600 or the Swifty Bagger family, visit https://www.weighpack.com/pouch-filling-machines/ or contact us at info@weighpack.com.

 
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FiberWise™, a division of Hartmann, is set to make a significant impact at this year’s Packaging Innovations & Empack show in Birmingham on 12 & 13 February 2025. With a commitment to sustainable packaging, FiberWise™ is showcasing its revolutionary fibre-based tray solutions designed to meet the growing demand for sustainable alternatives in the fresh meat and convenience foods sectors.

FiberWise™ offers a sustainable alternative to conventional rigid plastic trays, addressing the urgent environmental concerns that many industries face today. Made from 100% renewable resources, these trays reduce plastic usage by 70% compared to traditional PET or PP plastic trays. This dramatic reduction in plastic usage provides a tangible solution to reducing waste and contributes to a more circular economy, all while maintaining the functionality and efficiency of current tray-sealing packaging systems.

As consumer demand for sustainable products continues to rise, FiberWise™ offers a packaging solution that aligns with these values. Consumers are increasingly gravitating toward fibre-based packaging, driven by its eco-friendly nature and recyclability. The new tray solution integrates seamlessly into standard re-pulping processes, ensuring it is both convenient and responsible. Additionally, the separability of the tray components allows for easy recycling of both the fibre and plastic parts, helping to repurpose materials in a way that minimizes waste and supports the circular economy.

One of the key advantages of FiberWise™ is its proven compatibility with existing production lines. The robust design of the tray allows for seamless integration into standard tray-sealing machines. With minimal or no additional investment required, producers can adopt the new solution with ease. FiberWise™ trays are designed to run at high speeds on existing tray sealer lines, sealing against a variety of standard top film options, ensuring a plug-and-play experience that’s both efficient and cost-effective.

With over 100 years of experience in rough moulded fibre technology, Hartmann is a pioneer in sustainable packaging solutions. According to Kati Ørskov, Business Unit Director at Hartmann, “FiberWise™ presents a viable, eco-friendly alternative with the potential to transform the packaging market over the long term. Our goal is to lead the way in innovation by offering solutions that reduce environmental impact while maintaining high-quality standards.”

FiberWise™ will be on display at Packaging Innovations & Empack at stand A23, February 12-13, 2025, at the NEC in Birmingham. Visitors to the stand will have the opportunity to explore the full potential of fibre-based packaging solutions and learn more about how FiberWise™ can help drive their sustainability efforts.

 
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Westfalia Fruit, a global leader in the avocado industry, will showcase its commitment to sustainable innovations and social growth through technologies such as natural avocado dyes and community-oriented programmes in Chile. Taking place between 5-7 February 2025, the event provides an ideal platform for Westfalia to present these innovations.

Some of the highlights at the show this year will include:

  • Syros On Full Display: Westfalia’s recent acquisition of Syros strengthens the company's avocado-based business globally. At the booth, visitors can explore up to 18 fresh avocado-based products on the tasting table, tailored for the food service and retail sectors, showcasing shared values of innovation and progress in the avocado industry.
  • Avocado-Based Dye Brings Natural Color to Life: Westfalia will introduce a natural dye extracted from avocado stones. Perseorangin is the pigment that produces eight vibrant shades ranging from light yellow to deep reddish-brown. The dye is already making waves in fashion and is part of Westfalia’s Total Crop Use strategy, which supports 100% utilization of avocados.
  • Supporting Community - Westfalia Wins SDG 17 Award for Tiltil Projects: Westfalia Fruit Group’s Chilean operation, as part of the Pro Tiltil Alliance, received an award under SDG 17 (Partnerships for the Goals) for impactful community projects in Tiltil. Collaborating with nine companies, the initiative addresses local challenges through efforts like a community kitchen enabling food production and income generation, student internships, job fairs, and school support. This recognition highlights the power of partnerships in driving sustainable development and fostering positive change within the Tiltil community.

“As the pioneering frontrunner in the avocado industry, Westfalia is committed to driving innovation and sustainability,” said Johnathan Sutton, Group Chief Sustainability Officer. “Our mission goes beyond delivering quality produce; it’s about making a positive impact on people and the planet through sustainable farming practices, reduced emissions, and water conservation.”

At Fruit Logistica 2025 Westfalia will bring this vision to life, showcasing initiatives such as natural avocado dyes, an extended range of innovative avocado based products, and community programs illustrating Westfalia’s focus on partnerships and reinforcing its leadership in the industry.

To learn more about these projects, visit Hall 5.2 stand D-21 at Fruit Logistica 2025.

 
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Farm Credit Canada (FCC) alongside industry partners invite the media to attend the Future of Food conference – in person – being held on Canada’s Agriculture Day, in Ottawa, Ontario on Tuesday, February 11, 2025. 

Connect, celebrate and learn about innovation as the Future of Food conference focuses on the opportunities that exist for Canada’s agriculture and food industry.

Pre-registration is required for this event. Contact mediarelations@fcc.ca for a media code to access free registration. Please note the conference will not be recorded. 

The Future of Food conference connects innovative leaders in agriculture and food to learn about how the industry is driving change for a better future. The speaker line-up is filled with leaders, innovators and changemakers in the Canadian food system. Justine Henricks, FCC president and CEO will speak to opportunities for collaboration, innovation, and investment in Canada's agriculture and food sector to drive positive change and address global challenges.

The agenda is also filled with a series of panels and presentations on the most relevant opportunities facing the industry today.

Media representatives are welcome to attend all or parts of the program.

When: 10 a.m. - 5 p.m. EST on Tuesday, February 11, 2025

Where: Rogers Centre, 55 Colonel By Drive, Ottawa, Ontario

 
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MONTRÉAL, Jan. 23, 2025 (GLOBE NEWSWIRE) -- GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company”), Canada’s leading organic energy drink brand1, today announced its results for the fourth quarter and fiscal year ended October 31, 2024. All amounts are in Canadian dollars unless otherwise indicated.

Financial Highlights
(in thousands of dollars, except per share data)
Three months ended
October 31
Fiscal year ended
October 31
     
  2024 2023 2024 2023
  $ $ $ $
Net revenue 7,155 7,687 30,242 29,288
Gross profit 4,087 4,104 16,736 15,435
Net loss (2,650) (3,686) (9,410) (11,962)
Basic and diluted loss per share (0.09) (0.12) (0.31) (0.38)
Adjusted EBITDA2 (2,261) (3,836) (9,132) (11,898)

Quote from Carl Goyette, President and CEO
“In fiscal 2024, GURU made significant progress toward returning to profitability, achieving revenue growth while reducing net loss by over 21%, supported by gross margin improvements and disciplined cost control. These results reflect the strength of our strategic focus on operational efficiency and the ability to expand our presence in key channels, particularly online in the U.S. and Canada, as well as in wholesale clubs.”

“Subsequent to fiscal year-end, we announced that our exclusive distribution agreement in Canada will end on May 22, 2025. Since then, we have been preparing for a seamless transition back to our proven direct distribution model that drove growth from 1999 to 2021. Returning to our previous distribution model will result in greater flexibility and stronger brand control that will allow us to grow more efficiently and position GURU as a leading choice for health-conscious consumers in the Canadian market,” added Goyette.

Driving Growth in Key Markets
GURU’s revenue growth was fueled by strong U.S. performance, particularly in online channels. Amazon sales surged, supported by record-breaking Prime Day results and the successful launch of the Zero Sugar line, which meets the growing demand for clean, health-conscious energy drinks.

In Canada, GURU maintained a strong presence in Quebec, supported by product innovations such as Peach Mango Punch and Zero Wild Berry, which reinforced brand loyalty. Costco roadshows resulted in over 450,000 consumer tastings across the country and provided valuable insights to guide future distribution strategies post-transition to the direct distribution model in May 2025. These initiatives highlight GURU’s commitment to building connections with consumers while strategically positioning the brand for growth. Although market dynamics and the timing of retail shipments have impacted sales, these initiatives are expected to improve velocities in the medium term.

Strengthened Financial Discipline
GURU’s gross margin increased to 57.1% in Q4 and 55.3% for fiscal 2024, reflecting a strategic focus on cost reduction and operational efficiency. Selling, general, and administrative (SG&A) expenses decreased by 18.8% in Q4 and by 6.3% for the fiscal year, demonstrating the Company’s disciplined approach to expense management.

“Our focus on disciplined cost management and operational efficiency delivered a 21.3% reduction in net loss this fiscal year, alongside gross margin improvements that strengthen our foundation and position us well for sustained growth and profitability in the years ahead,” said Ingy Sarraf, CFO of GURU.

Innovation and Consumer Engagement
The Zero Sugar line launch in the U.S. was a pivotal milestone for GURU, enabling the brand to tap into the more than 50% of the $20 billion market segment. With no sucralose or aspartame, the Zero Sugar line appeals to health-conscious consumers seeking clean energy options. This success was complemented by the Company’s strong marketing digital engagement.

Looking Ahead to Fiscal 2025
In fiscal 2025, GURU will focus on these key initiatives to drive profitability and growth:

  • Seamlessly transition to a direct distribution model in Canada, enhancing operational flexibility, improving retailer relationships, and allowing for more targeted brand-building investments.
  • Strengthen GURU’s presence in key urban centers in the U.S. and Canada by expanding its Zero Sugar line across premium retail and online platforms.
  • Continue disciplined cost management while investing in targeted growth opportunities that align with evolving consumer preferences.

Additionally, as part of GURU’s commitment to driving growth, the Company recently named Patrick Charbonneau as Executive Vice President, Sales. Patrick brings over 25 years of leadership experience in the food and beverage industry, where he held key leadership roles. His strategic vision and expertise in building high-performing teams will be instrumental in achieving GURU’s objectives in the coming years.

“Fiscal 2024 has set the stage for GURU’s next chapter of growth,” added Goyette. “With improved gross margins, disciplined cost controls and a clear focus on strategic priorities, GURU is well positioned to return to profitability and deliver sustainable value to its shareholders.”

Results of Operations
Net revenue for Q4 2024 was $7.2 million, a decrease of 6.9% year-over-year, primarily due to lower retail shipments, reflecting strong prior year comparables, and changes to the promotional cadence in Canada. The decline was mitigated by a strong performance in the U.S., with U.S. sales increasing by 29.5% in Q4 2024, fueled by digital campaigns and the introduction of the GURU Zero line. Enhanced digital marketing efforts, coupled with high engagement during major retail events such as Prime Day, bolstered visibility and conversion rates on Amazon and other platforms. This focus on optimized channel-specific strategies in the U.S. continues to position GURU as the leading organic energy drink choice among health-conscious consumers. Fiscal 2024 net revenue rose 3.3% to $30.2 million, up from $29.3 million in 2023. This growth was driven by robust performance in the U.S., underscoring successful expansion and brand penetration efforts in priority markets outside of Canada.

Gross profit for Q4 2024 remained stable at $4.1 million, with gross margin increasing to 57.1% year-over-year, underscoring the success of input cost management and pricing strategies. Fiscal 2024 gross profit improved by 8.4% to $16.7 million from $15.4 million in 2023, with gross margin increasing to 55.3%. This improvement underscores GURU's input cost reduction efforts and its strategic focus on margin expansion while balancing promotional activities to optimize net revenue growth in key markets.

Selling, general and administrative (“SG&A”) expenses include operational, sales, marketing and administration costs. SG&A expenses decreased to $6.8 million in Q4 2024, compared to $8.3 million for the same period a year ago. Selling and marketing expenses decreased to $4.0 million from $5.7 million in Q4 2023, a result of timing of selling expenses for in store promotional activities and marketing efficiencies. Fiscal 2024 SG&A amounted to $27.3 million, compared to $29.1 million a year ago. The decrease is primarily attributed to cost control measures stemming from the reduction in sales and marketing expenses in the last two quarters of fiscal 2024.

Net loss totalled $2.7 million or $(0.09) per share in Q4 2024, compared to a net loss of $3.7 million or $(0.12) per share for the same quarter a year ago. Fiscal 2024 net loss totalled $9.4 million, or $(0.31) per share, compared to a net loss of $12.0 million or $(0.38) per share a year ago. The improved net loss is a result of higher gross profit and lower sales and marketing expenses in fiscal 2024.

Adjusted EBITDA2 was a loss of $2.3 million in Q4 2024, compared to a loss of $3.8 million for the same quarter in 2023. The decrease in Adjusted EBITDA loss this quarter was driven by lower sales and marketing expenses, while maintaining a relatively stable gross profit. Fiscal 2024 Adjusted EBITDA was a loss of $9.1 million, compared to a loss of $11.9 million in 2023. The improvement in Adjusted EBITDA loss in fiscal 2024 was driven by stronger net revenue and gross profit, coupled with lower expenses.

As at October 31, 2024, the Company had cash and cash equivalents of $25.5 million, and unused Canadian- and US-dollar denominated credit facilities totalling $10 million.

1 Nielsen, 52-week period ended November 2, 2024, All Channels, Canada vs. same period a year ago.
2 Please refer to the “Non-GAAP and Other Financial Measures” section at the end of this release.

Conference call
GURU will hold a conference call to discuss its fourth quarter and fiscal 2024 results today, January 23, 2025, at 10:00 a.m. ET. Participants can access the call as follows:

  • Via webcast: https://edge.media-server.com/mmc/p/xjuarbrw
  • Via telephone: 1-844-481-2517 (toll free) or 1-412-317-0545 for international dial-in
  • A webcast replay will be available on GURU’s website until February 28, 2025.
 

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