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Saputo reports financial results for first quarter of fiscal 2026 ended June 30, 2025
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Monday, 11 August, 2025, 16 : 00 PM [IST]
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Montréal, Canada
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Saputo Inc., reported its financial results for the first quarter of fiscal 2026, which ended on June 30, 2025.
Carl Colizza, president and CEO, said, “We’re pleased to begin fiscal 2026 with solid momentum. Our first quarter performance reflected the strength of our global operations and the effectiveness of our strategy. Our strong results were driven by our Canada Sector exceeding expectations on the back of strong commercial execution, improved overall performance in our USA Sector despite commodity headwinds, and solid year-over-year gains across our International and Europe Sectors. Our disciplined execution, operational efficiencies, and capital deployment efforts are driving both earnings growth and returns. With robust operating cash flow and a strong balance sheet, we remain confident in our ability to invest for scalable growth, return capital to shareholders, and create long-term value.”
The company delivered a record first quarter adjusted EBITDA performance, supported by strong results across all sectors. The benefits of strong execution related to operational improvements, commercial initiatives, and continued efforts toward sustained cost optimisation measures.
Revenues of $4.631 billion, up $25 million or 0.5%, driven by higher selling prices in both domestic and international cheese and dairy ingredient markets, while US dairy commodity market pricing was lower. Sales volumes were higher, on a relative basis, given the impact of the divestitures in Dairy Division (Australia).
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