Saputo Inc.: A Global Leader in the Dairy Industry

Saputo Inc., based in Montréal, Canada, stands as one of the foremost players in the global dairy market. With its headquarters located at 6869 Métropolitain Blvd E, Saputo has established itself as a leader through strategic expansions and a commitment to innovation.

Financial Performance

For the fiscal year ending March 31, 2022, Saputo reported impressive revenues of CA$14.3 billion and net earnings of approximately CA$618 million. The company's financial strength is further underscored by a turnover of €12.6 billion, reflecting its extensive market presence and competitive edge.

Leadership

The company is led by CEO Carl Colizza, whose visionary leadership and extensive industry experience have been key in driving Saputo's growth and innovation strategies.

Significant Company Events

• July 2020: Acquired Bute Island Foods Ltd., marking Saputo's entry into the plant-based market.
• January 2021: Completed the acquisition of Shepherd Gourmet Dairy, enhancing its specialty cheese portfolio.
• May 2022: Launched a state-of-the-art dairy processing facility in Port-Coquitlam, British Columbia.
• Closure of the Suamico, Wisconsin plant, with a strategic relocation of packaging operations to Franklin, Wisconsin, creating over 650 new jobs.
• Sale of two milk processing plants to Coles for $105 million.
• August 2022: Introduced 'Frigo Cheese Heads Swirls', emphasizing a focus on innovation and versatility in the market.

Future Business Plans

Saputo is committed to international expansion and product innovation, with a strong emphasis on sustainability and reducing greenhouse gas emissions. Future plans include increasing milk prices for the 2025-26 season and exploring potential acquisitions of Fonterra’s Oceania business assets. The company is leveraging financial analytics and market trend forecasting through AI to maintain competitive pricing strategies. In Australia, Saputo plans to raise the weighted average milk price to $9 to $9.10/kg MS, depending on the region. The company remains steadfast in its commitment to core values and market adaptation strategies, being one of the top three dairy processors in Australia, alongside Lactalis and Fonterra. Recent price increases in the Australian dairy market underscore a robust domestic price floor.

Saputo has also opened a large cold-storage facility in Caledonia and is consolidating production centers, alongside new distribution and cold storage facilities in Wisconsin. Saputo is one of the companies benefiting from the improved dairy sector conditions. The Victorian dairy sector benefits from stronger milk prices, which are bolstering farmer confidence and enabling reinvestment after years of tight margins. Companies such as Saputo are among those reaping the rewards of these improved conditions.

Modified: 2026/01/18