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Home | News | BioNeutra – A Canadian Awards Leader – Today Ranked One of Canada’s Fastest Growing Companies

BioNeutra – A Canadian Awards Leader – Today Ranked One of Canada’s Fastest Growing Companies

BIONEUTRA – A CANADIAN AWARDS LEADER – TODAY RANKED ONE OF CANADA’S FASTEST GROWING COMPANIES BY CANADIAN BUSINESS MAGAZINE & MACLEAN’S WITH REVENUE GROWTH OF 1,378%. No. 1 IN EDMONTON.

Edmonton, AB, September 13, 2018 (BIONEUTRA TSXV-BGA). Canada’s top business magazine, Canadian Business and Maclean’s magazine today jointly released the 30th Annual ranking of Canada’s 500 Fastest-Growing Companies placing BioNeutra at No.1 in Edmonton and No. 55 overall in Canada.

The magazines slotted BioNeutra in the top 60 companies in Canada on its 2018 Growth 500 rankings based on the Company’s five-year revenue growth of 1,378%. The ranking is the country’s most definitive list of the fastest growing businesses in Canada.

BioNeutra North America Inc will be profiled with other winners in a special print issue of Canadian Business (packaged with the October issue of Maclean’s magazine) and online at canadianbusiness.com and growth500.ca.

BioNeutra is a growth leader among companies in Western Canada – toping the $20-$50 million revenue category in the west. Last year BioNeutra posted sales of more than $1/2 million a week and ended the year with revenue of $32.1 million. This year, revenue jumped again with sales for the first six months running at nearly $900,000 a week.

‘Growth 500’ organizers describe the companies that make its prestigious list as “entrepreneurial superstars” who are some of the most “innovative businesses” in the country.

“The companies on the 2018 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today,” says Deborah Aarts, Growth 500 editor and program manager. “As we celebrate 30 years of the Canada’s Fastest-Growing Companies programs, it’s encouraging to see that entrepreneurship is healthier than ever in this country.”

“BioNeutra is honored to be recognized by the country’s most highly regarded business ranking,” says Dr. Jianhua Zhu, BioNeutra president, CEO and founder and adds, “but to be among the top 60 companies nationwide in our first ranking is a tribute to our outstanding team of dedicated, hard-working employees who continue to turn in a remarkable performance. We’re grateful to them and our world-wide customers who have contributed to our success.”

Board Chair and former Edmonton Mayor Bill Smith says, “BioNeutra’s sales growth is off the charts. We’re thrilled by the Company’s performance and recognition as one of Canada’s most successful growth companies.”

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