Beverage Solutions Segment Growth
The Beverage Solutions segment's adjusted EBITDA increased by 19% year-over-year and is up 20% year-to-date.
Sustainable Sourcing & Traceability Performance
The Sustainable Sourcing & Traceability segment saw a 45% year-over-year increase in EBITDA for the quarter and 132% year-to-date.
New Customer Volume Commitments
Major new customer volume commitments for single-serve cups and contract extensions in ready-to-drink are expected to provide significant volume and profit lifts in the coming year.
Contract Wins and Future EBITDA Potential
More than a dozen new customers have been secured for the Conway facility, expected to generate more annual EBITDA than the current base business.
Sales Growth in Flavors, Extracts, and Ingredients
The platform experienced 7% sales growth, contributing to the overall performance.