Monday, November 11, 2024

Saputo profit slips as sales rise


Saputo Inc. of Montreal reported its second-quarter profits slipped to $126 million from $156 million last year.

Revenues increased to $4.71 billion from $4.32 billion.


Its profit on Canadian operations increased by 9.5 per cent.


It also reported gains from “operational improvements” on its holdings in the United States.