MTY. MTY Food Group Inc.

A Promising First Year for the MTY Group Foundation/Fondation Groupe MTY

A Promising First Year for the MTY Group Foundation/Fondation Groupe MTY



MONTRÉAL, Jan. 13, 2025 (GLOBE NEWSWIRE) --  Over the course of its first year of operation, the MTY Group Foundation/Fondation Groupe MTY successfully fundraised over $140,000 for the community.

The largest fundraising event spearheaded by the MTY Foundation was its first annual golf tournament at Le Blainvillier Golf Club in September 2024, which welcomed 288 players and over 60 sponsors, raising over $100,000 for the Breakfast Club of Canada.

In June 2024, the MTY Foundation fundraised over $34,000 for “Pedal for Kids”, an event led by The Montreal Children's Hospital Foundation, helping fund the inter-hospital pediatric transport project and supporting the pediatric education services team.

In December 2024, the MTY Foundation, in collaboration with The Montreal Children’s Hospital Foundation, organized a toy drive with the goal of distributing over 300 gifts to sick children. All of MTY Group’s Montreal office contributed to the initiative, collecting over 300 gifts and bringing some cheer to the holiday season for children in need.

“It’s important for our teams to be able to directly contribute to making a difference. This initiative also allowed our employees to talk about the notion of sharing and helping each other with their own children,” said Renée St-Onge, MTY Group’s Chief Financial Officer and member of the MTY Foundation’s Board of Directors.

Furthermore, MTY Group employees were given the opportunity to contribute to the MTY Foundation throughout the year with discretionary donations in exchange for snacks in the MTY Group’s cafeteria or raffle tickets that were sold during the MTY Group’s Christmas festivities. This helped the MTY Foundation fundraise over $11,000.

The MTY Foundation extended its contributions through MTY Group’s Calgary office, with a $1,500 donation in connection with the 2024 Calgary Stampede. The Calgary Stampede supports programs such as The Young Canadians School of Performing Arts, Calgary Stampede Showband, Band of Outriders, and Calgary Stampede Showriders.

The MTY Foundation would like to thank everyone who contributed throughout 2024 and hopes to build upon the funds it raised in the new year.

“Without the participation of our employees and the collaboration of our partners, none of this would be possible. The MTY Foundation’s efforts are a great way to demonstrate one of MTY Group’s three core values: dedication,” said Éric Lefebvre, MTY Group’s President and CEO.

About the MTY Foundation

For the past year, the MTY Foundation has been supporting communities in need by providing them with what they require to foster their flourishing. The MTY Foundation is committed to social responsibility and aims to make a positive impact on various causes. Through its values and its commitment, it strives to provide anyone in need with the means to lead a healthier and more resilient life. “Nourish. Empower. Commit.” are the MTY Foundation’s pillars.

About The Montreal Children’s Hospital Foundation

The mission of the foundation is to inspire and mobilize the community to support the ongoing innovation in research, teaching, and clinical care at The Montreal Children’s Hospital, a world-renowned pediatric centre of the McGill University Health Centre, providing highly specialized healthcare. The Montreal Children’s Hospital is the first pediatric hospital in Quebec and the first to have built a state-of-the-art hospital, thanks to the support of the community.

About the Breakfast Club of Canada

Since 1994, the Breakfast Club of Canada has worked with partners from all sectors to help children access a nutritious breakfast and reach their full potential. Accredited by Imagine Canada for its sound governance and its promotion of local food products across Canada, the Club helps reach children in all provinces and territories across the country.

About the “Pedal for Kids” Event

Pedal for Kids is one of the major fundraising activities of The Montreal Children's Hospital Foundation, but also one of the most fun. In teams, participants pedal on a giant 30-seat bike that rides through downtown streets to dynamic music. The goal is to raise funds for the inter-hospital pediatric transport project and to support the pediatric education services team.

About the Calgary Stampede

More than 3,000 dedicated volunteers are at the heart of the Calgary Stampede. They embody Western values by organizing events across the city, supporting community celebrations, and making the Calgary Stampede a large-scale outdoor show. In addition, the board of directors consists of unpaid volunteers who dedicate their time to managing the affairs of the Calgary Stampede.

Contacts



A photo accompanying this announcement is available at



EN
13/01/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on MTY Food Group Inc.

 PRESS RELEASE

MTY Reports First Quarter Results for Fiscal 2025

MTY Reports First Quarter Results for Fiscal 2025 Normalized adjusted EBITDA(1) increased 1% to reach $60.2 million in the quarter, compared to $59.5 million in Q1-24. Franchise segment Normalized adjusted EBITDA(1) rose 1% to attain $44.0 million, or 47% of sales. System sales(2) for the quarter improved by 2.5% or $33.1 million to reach $1,364.8 million compared to $1,331.7 million in Q1-24 primarily due to favourable foreign exchange. Cash flows provided by operating activities were $58.8 million compared to $54.2 million in Q1-24, an increase of $4.6 million mostly due to a decrease in ...

 PRESS RELEASE

MTY annonce ses résultats du premier trimestre de l’exercice 2025

MTY annonce ses résultats du premier trimestre de l’exercice 2025 Le BAIIA ajusté normalisé (1) a augmenté de 1 % pour s'établir à 60,2 millions de dollars pour le trimestre, comparativement à 59,5 millions de dollars au 1er trimestre 2024. Le BAIIA ajusté normalisé (1) du secteur des franchises a augmenté de 1 % pour s’établir à 44,0 millions de dollars, soit 47 % des ventes​.Le chiffre d'affaires réseau (2) du trimestre a augmenté de 2,5 % ou 33,1 millions de dollars pour atteindre 1 364,8 millions de dollars, comparativement à 1 331,7 millions de dollars au 1er trimestre 2024 en raison e...

 PRESS RELEASE

MTY Food Group Inc Will Hold a Conference Call to Discuss Its First Qu...

MTY Food Group Inc Will Hold a Conference Call to Discuss Its First Quarter Results MONTREAL, April 04, 2025 (GLOBE NEWSWIRE) -- OPEN TO:Analysts, investors and all interested partiesDATE:Friday, April 11, 2025TIME:8:30 AM Eastern TimeRAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily register and be connected into the conference call automatically: CALL:1-416-945-7677 (For all International participants) 1-888-699-1199 (For all other North American participants) THE FIRST QUARTER RESULTS WILL BE PUBLISHED APRIL 11, 2025, BEFORE THE CONFER...

 PRESS RELEASE

Groupe d'Alimentation MTY Inc tiendra une téléconférence pour discuter...

Groupe d'Alimentation MTY Inc tiendra une téléconférence pour discuter des résultats de son premier trimestre MONTRÉAL, 04 avr. 2025 (GLOBE NEWSWIRE) -- OUVERTE AUX : Analystes, investisseurs et autres personnes intéresséesDATE :  Le vendredi 11 avril 2025HEURE :8 h 30, heure de l’EstRAPIDCONNET: Pour rejoindre instantanément la conférence téléphonique par téléphone, veuillez utiliser l'URL suivante pour vous inscrire facilement et être connecté automatiquement à la conférence téléphonique : TÉL. : 1-416-945-7677 (Pour tous les participants d’outre-mer) 1-888-699-1199 (Pour tous les autr...

 PRESS RELEASE

MTY Reports Fourth Quarter Results for Fiscal 2024

MTY Reports Fourth Quarter Results for Fiscal 2024 Normalized adjusted EBITDA(1) remained relatively stable at $59.4 million in the quarter, compared to $60.4 million in Q4-23.System sales(2) for the quarter improved by 2% or $30.3 million to reach $1,371.9 million compared to $1,341.6 million in Q4-23 mostly due to organic growth. Ended the quarter with 7079 locations with net positive openings of 13 locations for the quarter. Franchising segment normalized adjusted EBITDA(1) increased 8% to reach $49.3 million in the quarter, compared to $45.7 million in Q4-23 with normalized adjusted EBI...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch