SunOpta Inc.

SunOpta Inc.

March 01, 2005 15:30 ET

SunOpta Announces Revenue Guidance of US$385 Million for 2005


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: SUNOPTA INC.

NASDAQ SYMBOL: STKL
TSX SYMBOL: SOY

MARCH 1, 2005 - 15:30 ET

SunOpta Announces Revenue Guidance of US$385 Million
for 2005

TORONTO--(CCNMatthews - Mar 1, 2005) -

SunOpta Inc. (SunOpta) (NASDAQ:STKL)(TSX:SOY) announced today that
revenue for 2004 grew 54% to a record of approximately US$306 million,
versus original guidance of US$275 million and increased guidance of
US$300 million provided on May 5, 2004. 2004 revenue includes an
internal growth rate of approximately 14.5%. Audited revenues and
earnings for the year will be issued on March 8, 2005.

Based on current business conditions, revenue guidance for 2005 has been
set at US$385 million, a 26% increase over 2004. 2005 revenue guidance
does not include any additional acquisitions that may be consummated
during the year and will be reviewed mid year as it was during 2004.

Further details will be released on our investor call being held on
March 9, 2005.

SunOpta Inc. is an operator of high-growth ethical businesses, focusing
on integrated business models in the natural and organic food markets.
For the last six consecutive years, SunOpta was included in Profit
magazine's 'Profit 100' list of the 100 fastest growing companies in
Canada. The company has three operating units: the SunOpta Food Group,
which specializes in sourcing, processing and distribution of natural
and organic food products integrated from seed through packaged
products; the Opta Minerals Group, a producer, distributor, and recycler
of environmentally friendly industrial materials; and the StakeTech
Steam Explosion Group that engineers and markets clean pulping systems
using patented steam explosion technology. Each of these business units
has proprietary products and services that give it a solid competitive
advantage in its sector.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    SunOpta Inc.
    Jeremy N. Kendall, Steve Bromley, John Dietrich or
    Susan Wiekenkamp, 905-455-2528, ext 103
    email: swiekenkamp@sunopta.com
    website: www.sunopta.com