Saputo Inc.: A Global Dairy Leader
Location
Saputo Inc. is headquartered in Montreal, Quebec, Canada. This strategic location supports its strong international market presence, enabling the company to efficiently manage its global operations.
Financial Performance
In the fiscal year 2024, Saputo Inc. reported impressive revenues of CAD 15.03 billion. The company's strong market position and successful growth strategies have propelled continued success into fiscal year 2025, with revenues reaching CAD 14.308 billion in the first nine months alone. Starting fiscal year 2026, Saputo achieved record performance in the first quarter with revenues of $4.631 billion, a 0.5% increase. The company also reported a record-adjusted EBITDA of $426 million, reflecting an 11.2% increase from the previous year.
Recent Developments
Saputo Inc. has implemented several strategic measures to enhance its operations. In 2024, the company announced the closure of six U.S. facilities to streamline operations and boost efficiency. It also sold two fresh milk processing facilities to Coles Group Limited, focusing more on core dairy manufacturing strengths. In August 2024, during its annual shareholders meeting, Saputo reaffirmed its commitment to strong governance with the election of its board of directors. However, the company faced criticism from Victorian dairy leaders following comments by CFO Maxime Therrien on Australian farmgate milk prices.
Future Plans
Looking forward, Saputo Inc. aims to optimize its supply chain and enhance operational efficiency to maintain its competitive edge in the global market. The company plans to make significant investments in sustainability initiatives and technological advancements to meet current industry demands and anticipate future trends. Saputo's dedication to creating a supportive workplace has been acknowledged, as it was named one of Canada’s Top 100 Employers by Mediacorp Canada Inc. for the second consecutive year.
Company Achievements
Lino A. Saputo's appointment to the Order of Canada underscores the company's significant impact and leadership within the dairy industry. Saputo Inc. operates over 67 plants worldwide and employs approximately 19,600 people, distributing products in over 60 countries under various brands.
Modified: 2025/08/16
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