Saputo
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Tax avoidance: Canadian companies transferred $120B to Luxembourg, study saysQuebec research institute IRIS says the list includes big names such as Thomson Reuters, Saputo Inc., CAE Inc. and Alimentation Couche-Tard.CanadaNov 2, 2023
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Saputo inks deal to sell two milk processing plants in Australia to Coles GroupThe Montreal-based dairy giant says the deal is expected to close in the second half of the year and is subject to customary conditions.EconomyApr 3, 2023
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Dairy giant Saputo doubles profit despite ‘fast and furious’ inflationary pressuresSaputo says the uptick in revenues reflects pricing initiatives across all its sectors, higher prices in the U.S. sector, and higher international dairy prices.CanadaFeb 9, 2023
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Dairy giant Saputo to permanently close 3 U.S. facilities, expand and build othersSaputo CEO Lino Saputo says the changes will lay the groundwork for future growth in the United States while improving the company's cost structure.EconomyFeb 2, 2023
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Quebec-based dairy giant Saputo reports net earnings of $139 millionChief executive Lino Saputo says the company has navigated inflationary pressures by raising prices, booting productivity and undertaking cost containment initiatives.CanadaAug 4, 2022
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Canadian dairy sales expected to stay strong despite potential price hike: SaputoSaputo reported a profit of $37 million or nine cents per diluted share for the fourth quarter ended March 31, compared with a profit of $103 million a year earlier.CanadaJun 9, 2022
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Saputo inks deal to buy British cheesemaker Wensleydale Dairy Products for $39MThe deal, which is subject to regulatory requirements, is expected to close later this month.EconomyJul 5, 2021
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Saputo sales slip amid ongoing pandemic, lower prices for dairy productsSaputo said it faced lower market prices for cheese and dairy products in its fourth quarter, and an ongoing slump in demand from restaurants and other foodservice customers.CanadaJun 3, 2021
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Saputo beefs up non-dairy cheese and value-added ingredients with 2 acquisitionsThe dairy company says the two acquisitions, which cost a combined $187 million, fit with the company's new global strategic plan.CanadaMay 25, 2021
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Decades-old dairy operation in Saint John prepares to close its doorsSaputo took over Baxter's Dairy in Saint John around 2001.CanadaJan 18, 2021
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