Saputo - food industry company news 
CANADA: DCI Cheese buy, Argentina sales drive Saputo Q3 profits
8 February 2012
Canadian dairy company Saputo has recorded an increase in third-quarter earnings, boosted by the acquisition of DCI Cheese Co. last year and an increase in exports to Argentina.
CANADA: Saputo names Sbarba as COO
30 November 2011
Canadian dairy company Saputo has appointed Dino Dello Sbarba to the position of COO, as part of a reshuffle of its management team.
CANADA: Saputo set to expand, Q2 profit
10 November 2011
Canadian dairy company Saputo is set to pursue internal acquisitions and improve efficiencies, after booking an increase in second-quarter profits.
CANADA: DCI deal, cheese prices boost Saputo in Q1
3 August 2011
The acquisition of US speciality cheese maker DCI Cheese Co. and higher cheese prices south of the border have boosted Canadian dairy giant Saputo's first-quarter results.
CANADA: Saputo Q4 profits up - but miss analyst forecasts
8 June 2011
Canadian dairy company Saputo has reported a 3.4% increase in fourth-quarter profits but missed analyst forecasts on its earnings in the last three months of its financial year.
Comment: Saputo looks to be big US cheese with DCI buy
18 February 2011
Saputo, Canada's largest dairy processor, yesterday (17 February) announced that it has shelled out US$270.5m to acquire Fairmount Cheese Holdings, the parent company of speciality cheese group DCI.
US: Saputo to buy owner of cheese maker DCI
17 February 2011
Canaidan dairy group Saputo is to acquire Fairmount Cheese Holdings, the parent company of US speciality cheese group DCI Cheese Co., for US$270.5m.
CANADA: Saputo Q3 sales, earnings rise
4 February 2011
Canadian dairy processor Saputo has posted a rise in third-quarter sales and earnings thanks to higher US cheese prices and a stronger market for dairy ingredients.
CANADA: George Weston announces C$1bn share dividend
16 December 2010
George Weston Ltd, Canada's largest food processor, has announced it will pay a one-time common share dividend of C$1bn (US$993.4m).
CANADA: Saputo extends cheese slice recall
3 December 2010
Canadian dairy giant Saputo is expanding a cheese recall over fears more products may be contaminated with listeria bacteria.
CANADA: Saputo cheese in Listeria scare
29 November 2010
Canadian dairy processor Saputo is investigating the cause of a listeria contamination that led to it recalling several lots of cheese from a Quebec plant.
CANADA: Saputo profit growth speeds up as sales rebound
1 November 2010
Canadian dairy giant Saputo saw its profit growth accelerate during its second quarter as sales rebounded after falling in the first three months of its fiscal year.
CANADA: US cheese price hike boosts Saputo profits
3 August 2010
Higher cheese prices in the US have helped push up quarterly profits at Saputo, the Canadian dairy group said today (3 August).
Best bits: Food companies looking to score overseas
14 June 2010
As football lovers waited for the start of the World Cup in South Africa last week, a clutch of leading food companies set out their stall for overseas success.
Quote, unquote: just-food's week in words
11 June 2010
The food world this week has been dominated by the news that Tesco's long-serving CEO Terry Leahy is to step down after 14 years at the top of the company. There was also more on Wal-Mart's interest in Russia and the takeover battle in the US for c-store business Casey's General Stores.
Editor's choice: the best of just-food this week
11 June 2010
Aside from the news that Tesco boss Sir Terry Leahy is to step down, this week saw bakery group Aryzta boost its presence in the US with two acquisitions, the disclosure that Hershey is readying for entry into India's chocolate market - and the admission from Canadian dairy group Saputo that Australia remains on its radar for expansion. Here is the best of just-food's coverage this week.
On the money: Saputo eye remains on Australian market
10 June 2010
Canadian dairy group Saputo said it remains ready for another acquisition, with the Australia market still on its radar screen.
CANADA: Saputo eyes acquisitions as FY profits increase
10 June 2010
Canadian dairy group Saputo has said it will continue to pursue growth through acquisitions as it booked an increase in full-year profits.
CANADA: Saputo to trim jobs in Quebec
24 May 2010
Canadian dairy group Saputo is to cut over 20 jobs from its operations in Quebec as it reshapes its business in the province.
On the money: George Weston “patient and prudent” with war chest
12 May 2010
George Weston Ltd has insisted that it will adopt a “patient and prudent” approach to investing the proceeds of recent divestitures as it looks to drive long-term growth at the business.
CANADA: Saputo to close Ontario plant
31 March 2010
Canadian dairy group Saputo is to close a milk and cream processing plant in Ontario in a bid to boost efficiency.
CANADA: George Weston claims "strong" underlying profits
23 February 2010
Canadian food group George Weston said today (23 February) that profits in 2009 were "strong" compared to 2008 after a series of one-off items hit reported earnings.
CANADA: US dairy buoys Saputo
3 February 2010
An improving US dairy business and efficiency gains drove higher third-quarter profits at Canada's Saputo, the company has revealed.
Top stories on just-food this week
11 December 2009
Copenhagen, Cadbury, Kroger and Kit Kat - this week's top stories had an alliterative ring to them. As the UN Climate Change conference kicked off in the Danish capital, we looked at how the food industry is, in the words of one industry body, "intrinsically linked" to a warming planet. Cadbury will mount its formal defence of the Kraft Foods takeover on Monday (14 December) and this week saw union officials again criticise the prospect of Kraft ownership. Nestle joined Cadbury in the Fairtrade corner with the announcement that Kit Kat would switch to the ethical label in the New Year. And, meanwhile, Kroger, the US retail giant slashed its profit forecast and sent its shares tumbling.
CANADA/AUS: Warrnambool "very likely target" of Saputo
9 December 2009
Warrnambool Cheese and Butter Factory (WCB), the Australian dairy firm at the centre of takeover speculation, could be a target for Canadian dairy giant Saputo, one leading Canadian analyst claimed today (9 December).
CANADA: Saputo to close Wisconsin plant
7 August 2009
Canada-based dairy giant Saputo is to close its Fond du Lac plant in Wisconsin, US, according to union representatives.
CANADA: Neilson buy boosts Saputo Q1 earnings
4 August 2009
Canada-based dairy giant Saputo posted a 2.2% increase in first-quarter net income today (4 August), boosted by acquisition-related gains that offset falling cheese prices.
CANADA: Saputo cuts cheese jobs in Wales
16 July 2009
Canada-based dairy giant Saputo has cut 40 jobs from a cheese plant in Wales.
GLOBAL: Consolidation expected in dairy sector – Rabobank
8 July 2009
While the “turmoil” witnessed by the dairy market has left “little room” for major consolidation initiatives over the past 12-months, the coming year is expected to see an uplift in M&A activity, a Rabobank analyst has suggested.
CANADA: Saputo to acquire F&A Dairy of California
24 June 2009
Canadian dairy giant Saputo has agreed to acquire the activities of F&A Dairy of California, the company announced yesterday (23 June). No financial details were disclosed.
Related research
Saputo, Inc. - SWOT Analysis
Datamonitor's Saputo, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Saputo, Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Saputo (or ‘the company’) is engaged in manufacturing and marketing of dairy products like milk, cream, sour cream, yogurt and cottage cheese. The company primarily operates in Canada, Argentina, Germany, the UK and the US. It is headquartered in St-Leonard, Canada and employs about 9,800 people. The company recorded revenues of C$5,810.6 million ($5,341.7 million) during the financial year ended March 2010 (FY2010), an increase of 0.3% over 2009. The operating profit of the company was C$578.6 million ($531.9 million) in FY2010, an increase of 31.6% over 2009. The net profit was C$382.7 million ($351.8 million) in FY2010, an increase of 37.2% over 2009.
Saputo, Inc.
Datamonitor's Saputo, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Saputo, Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Saputo is engaged in manufacturing and marketing of dairy products that includes milk, cream, sour cream, yogurt and cottage cheese. Its line of products ranges from mozzarella to cheddar cheeses including fine cheeses, specialty cheeses and string cheeses. The company primarily operates in Canada, Argentina, Germany, the UK and the US. It is headquartered in Quebec, Canada and employs about 9,600 people. The company recorded revenues of C$5,793.3 million ($5,196.2 million) during the financial year ended March 2009 (FY2009), an increase of 14.5% compared to FY2008. The operating profit of the company was C$439.5 million ($394.2 million) during FY2009, a decrease of 1.6% compared to FY2008. The net profit was C$278.9 million ($250.2 million) in FY2009, a decrease of 3.2% compared to FY2008.
Saputo Inc. (SAP) - Financial and Strategic Analysis Review
Saputo Inc. (Saputo) is one of the leading dairy processors in the world, and is among the top three cheese producers in the US. It is also one of the largest dairy processors in Argentina and the largest snack-cake producers in Canada. The company is engaged in the manufacture, marketing and distribution of cheese, fluid milk, yogurt and dairy ingredients. Saputo also provides fresh bakery products such as cereal bars, snack-cakes, fresh cookies and tarts. In addition, it produces products for third parties. The company principally operates in Canada, Argentina, Germany, the UK and the US. It operates 47 manufacturing plants located across its operating regions.
