Bakery products maker Canada Bread Co Ltd's first-quarter profit fell 15 percent, hurt by lower volumes in its frozen bakery business.
For the first quarter, net earnings fell to C$12.7 million ($12.6 million), or 50 Canadian cents a share, from C$14.9 million, or 59 Canadian cents a share, last year.
Sales fell 8 percent to C$381.9 million, with a 17 percent decline at the company's frozen bakery segment.
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