Saputo Inc. Reports Q2 Fiscal 2027 Growth and Plans $1.7B UK Dairy Division Sale
Saputo Inc. (SAP:CA) reported a strong second quarter for fiscal year 2027, characterized by a 14% growth in adjusted EBITDA from continuing operations and margin expansion exceeding 10%. CEO Carl Colizza noted that high-protein ingredients continue to be a primary driver of the company's performance. As part of its strategic restructuring, Saputo expects to complete the sale of its UK dairy division for approximately $1.7 billion in the second half of fiscal year 2027. This divestiture is intended to facilitate the creation of a dedicated Ingredients Division, allowing the company to focus on high-growth segments.
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Topics: adjusted EBITDA earnings report fiscal results margin expansion