Sucro Announces Second Quarter 2025 Results

CORAL GABLES, Fla., Aug. 21, 2025 /CNW/ - Sucro Limited (TSXV:SUGR) (OTCQB:SUGRF) ("Sucro" or the "Company"), an integrated sugar refiner focused primarily on serving North American sugar markets, today announced financial results for the three and six months ended June 30, 2025. All amounts are in United States dollars ("U.S. $" or "$") unless otherwise noted.

Financial Highlights for the Second Quarter of 2025

Revenue of $231.4 million on sugar deliveries of 286,989 metric tons, both quarterly records

Net income of $2.0 million for the quarter; $14.0 million year to date

Free cash flow1 of $6.1 million, a quarterly record and sixth consecutive positive quarter

SG&A reduced by 24.8% year-over-year to $6.8 million, interest expense down 29.1%

Adjusted gross profit1 of $13.2 million and adjusted gross profit margin1 of 5.7%

EBITDA1 of $9.9 million and Adjusted EBITDA1 of $9.7 million

Adjusted gross profit per metric ton delivered1 of $45.87

Q2 Highlights (unaudited)

Three Months Ended Jun 30

Six Months Ended Jun 30

In 000s of U.S. $ except per share and volume metrics.

2025

2024

Change

2025

2024

Change

Sugar Deliveries (Metric Tons)

286,989

131,086

118.9 %

463,308

313,951

47.6 %

Revenue

$231,408

$138,014

67.7 %

$386,655

$322,785

19.8 %

Gross profit

14,608

20,620

-29.2 %

41,678

57,923

-28.0 %

Adjusted gross profit1

13,164

14,555

-9.6 %

26,949

30,730

-12.3 %

Adjusted gross profit margin1

5.7 %

10.5 %

7.0 %

9.5 %

EBITDA1