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We are a significantly stronger
company than a year ago, with solid
and achievable value creation strategies
that will step-change our financial results.
While Maple Leaf currently trades
at a discount to our peer group in the
consumer packaged goods sector, we
believe that our transformation will result
in market valuations more in line with the
expectations of a consumer packaged
goods company focused in meat, meals
and bakery products. It is up to us to
complete the changes underway and
deliver the earnings potential that
our plan is capable of.
In the year to come, we are going
to substantially complete most of the
large remaining projects in our protein
transformation. While 2007 was
a year of improved profitability and
major accomplishments, the passion
of thousands of amazing people and their
disciplined approach to management
and change gives us the confidence
to look for much greater things ahead.
Destination 2010!
Michael H. McCain
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Richard A. Lan
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Michael H. Vels
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J. Scott McCain
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