sur Organto Foods Inc. (CVE:OGO)
Organto Foods Reports Record Results and Strategic Progress in H1 2026
Organto Foods Inc., a provider of organic and fairtrade produce, announced record financial results for the first half of 2026, with sales increasing by 73% to $53.3 million. The company also reported an adjusted gross profit of $3.8 million and an EBITDA of $0.5 million. These achievements are attributed to their expanded customer and supply networks, along with strategic initiatives that support scalable growth.
Organto's robust balance sheet was bolstered with a working capital increase to $15.3 million and an expanded funding facility. The company continues to enhance its platform through technological advancements and personnel additions in its European operations. Strategic advisor Gerard Versteegh and recent board appointments are expected to propel further growth in the organic foods sector. This solid financial foundation aims to support Organto's long-term objectives in expanding its global footprint and maintaining its position in the market.
R. E.
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