Saputo's Financial Resilience and Key Dairy Market Trends
Sourse: dairynews.today
Saputo Inc. reports a record-adjusted EBITDA in its fiscal first quarter driven by operational efficiencies and strategic pricing.
The global dairy giant Saputo Inc. launched its fiscal year 2026 with strong momentum, reporting record performance in the first quarter. The company achieved revenues of $4.631 billion, marking a 0.5% increase, driven by strategic pricing in domestic and international cheese and dairy ingredients, despite declining prices in the U.S. dairy market. A record-adjusted EBITDA of $426 million reflected an 11.2% increase, translating to a stronger margin of 9.2% compared to 8.3% the previous year. Net earnings for the quarter rose to $165 million, or $0.40 per share, up by $23 million from the previous year, backed by higher adjusted EBITDA and inflation gains in Argentina. Looking ahead, Saputo plans a dividend increase by 5.3% and maintains optimism for long-term growth. The company’s strategic execution amid global market complexities exemplifies robust profit generation in the agribusiness sector.
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