Saputo Stock News

Saputo Inc. reported its third-quarter profit fell compared with a year ago as it said it confronted challenging market conditions.

Saputo Inc. reported its third-quarter profit fell compared with a year ago as it said it confronted challenging market conditions.

Saputo Inc. (SAPIF) CEO Lino Saputo on Q3 2022 Results - Earnings Call Transcript

MONTRÉAL, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the third quarter of fiscal 2022, which ended on December 31, 2021. All amounts in this news release are in Canadian dollars (CDN), unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS).

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Canadian dairy company Saputo says a cut-and-wrap facility in Tulare, Calif., will close in fiscal 2023 while two manufacturing operations in Australia will be streamlined

MONTREAL Canadian dairy company Saputo Inc. is closing three facilities as part of its plan to spend about $169 million to enhance its manufacturing facilities in the U.S. and Australia and spur growth.

Saputo Inc. (TSE:SAP) Investment analysts at Desjardins decreased their FY2022 earnings estimates for Saputo in a report issued on Monday, December 20th. Desjardins analyst C. Li now forecasts that the company will post earnings of $1.23 per share for the year, down from their previous estimate of $1.33. Desjardins has a Buy rating and []

Saputo Aims To Double Its EBITDA By 2025

Saputo Inc. (TSE:SAP) declared a quarterly dividend on Monday, December 6th, TickerTech reports. Investors of record on Friday, December 17th will be given a dividend of 0.18 per share on Friday, December 17th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date is Monday, December 6th. []

Saputo Inc. (TSE:SAP) declared a quarterly dividend on Monday, December 6th, TickerTech reports. Shareholders of record on Friday, December 17th will be given a dividend of 0.18 per share on Friday, December 17th. This represents a $0.72 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend is Monday, []

Saputo Inc. (TSE:SAP) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$27.54 and last traded at C$28.04, with a volume of 45197 shares trading hands. The stock had previously closed at C$27.69. A number of research analysts recently issued reports on SAP shares. Desjardins lowered their []

Major players in the lactose market are Kerry Group, Saputo Inc. , Lactalis Ingredients, Leprino Foods Company, Glanbia Plc, Lactose India Limited, Davisco Foods International Inc. , DMK Deutsches Milchkontor GmbH, Molkerei MEGGLE Wasserburg GmbH & Co. Major players in the lactose market are Kerry Group, Saputo Inc. , Lactalis Ingredients, Leprino Foods Company, Glanbia Plc, Lactose India Limited, Davisco Foods International Inc. , DMK Deutsches Milchkontor GmbH, Molkerei MEGGLE Wasserburg GmbH & Co.

A collaboration between Saputo Dairy UK (SDUK), a producer of leading British food brands and value-added ingredients, and Wipak UK Ltd., a leading supplier of innovative flexible packaging solutions, has seen both companies advance their sustainability ambitions through a project which saw 33% of virgin plastic replaced with post-consumer recycled (PCR) material across a range of block cheese packaging.

Saputo's (SAPIF) CEO Lino Saputo on Q2 2022 Results - Earnings Call Transcript