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UPDATE 1-Maple Leaf Foods reports adjusted profit as costs fall

2015-04-30 21:31:10| Food - Topix.net

Maple Leaf Foods reported a profit on an adjusted basis after six quarters due to lower operating costs as the Canadian meat processor worked through its plan to upgrade its plants. Maple Leaf, whose brands include Schneiders meat, is nearing the end of a multi-year program to replace old plants with modern facilities as it seeks to boost profits and better compete with U.S. rivals.

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