Canadian-based dairy and grocery products group Saputo has posted a 28% rise in first-quarter net earnings 

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company saw profits reach C$68.4m (US$64.4m) during the three months to 30 June, it said yesterday (31 July).
 
Revenue rose by 25% to C$1.2bn. Saputo attributed the growth to higher sales from its US dairy division, which saw revenues increase by around C$221m, boosted by the acquisition of the activities of Land O’Lakes West Coast industrial cheese business and higher average cheese prices.
 
Revenue from Saputo’s Canadian and “other dairy products” division increased by around $24m on the back of higher selling prices for milk, increased sales volumes from its Canadian fluid milk activities and the inclusion of its UK operations which were acquired in March. Revenue from Saputo’s grocery products division rose by C$1m, the company said.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact