Saputo Reports Third Quarter Results with Significant Growth in EPS and Revenue
Saputo Inc. (SAPIF) reported strong third-quarter financial results, highlighted by a 27.9% year-over-year increase in adjusted diluted earnings per share (EPS) from continuing operations, reaching C$0.55. The company also saw revenue from continuing operations rise by 3.6% to C$4.26 billion. Profitability metrics showed marked improvement, with adjusted EBITDA from continuing operations climbing 13.8% to C$438 million. This growth led to an expansion in the adjusted EBITDA margin to 10.3%, up from 9.4% in the prior year. Net earnings also saw a substantial boost, increasing 24.6% year-over-year to C$213 million.
Tickers: $SAPIF
Topics: earnings report ebitda expansion eps increase revenue growth share buyback
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