Saputo Inc. (SAPIF,SAP.TO), a Canadian-based dairy processor, on Friday reported profit in the third quarter compared with loss in the previous year.
For the third quarter, net earnings came in at $220 compared with the loss of $518 million in the previous year.
Earnings per share were $0.53, versus loss per share of $1.22 last year.
Adjusted net earnings increased to $235 million from $167 million in the prior year.
Adjusted earnings per share were $0.57 versus $0.39 last year.
Adjusted EBITDA increased to $492 million from $417 million in the previous year.
Revenue decreased to $4.89 billion from $4.99 billion in the prior year.
On Thursday, Saputo closed trading 0.21% higher at CAD 42.52 on the Toronto Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.