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Saputo Posts Lower Profit, Higher Revenue, for Its Fiscal Fourth Quarter
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Saputo Posts Lower Profit, Higher Revenue, for Its Fiscal Fourth Quarter
Jun 5, 2025 2:32 PM

05:19 PM EDT, 06/05/2025 (MT Newswires) -- Saputo ( SAPIF ) after trade Thursday said its fiscal fourth-quarter profit declined year-over-year despite higher revenue.

The dairy company's adjusted profit, excluding most one-time items, fell to $128 million, or $0.30 per share, in the period ending March 31, down from $156 million, or $0.37, a year ago.

Revenue rose 4.6% to $4.75 billion from $4.55 billion a year prior. The company said revenue went up due to higher domestic selling prices and stronger international prices for cheese and dairy ingredients in export markets.

Looking ahead to fiscal 2026, the company said it remains confident in its long-term outlook and ability to manage ongoing macroeconomic challenges. "The direct impact of trade-related tariffs on our business is expected to be limited and manageable. However, we anticipate that the evolving global trade landscape and consumer sentiment may impact consumer spending patterns in the short term."

Capital expenditures are projected to reach about $360 million in fiscal 2026, it said, adding that it also plans to continue share repurchases under its normal course issuer bid program.

Saputo ( SAPIF ) shares closed up $0.09 to $26.51 on the Toronto Stock Exchange.

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