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Saputo Inc (SAP.TO)

SAP.TO on Toronto Stock Exchange

42.75CAD
18 Aug 2017
Change (% chg)

$-0.25 (-0.58%)
Prev Close
$43.00
Open
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$42.71
Volume
650,433
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653,665
52-wk High
$48.98
52-wk Low
$39.74

Latest Key Developments (Source: Significant Developments)

Saputo says Qtrly diluted earnings per share C$0.51
Tuesday, 1 Aug 2017 10:21am EDT 

Aug 1 (Reuters) - Saputo Inc :Saputo Inc.: financial results for fiscal 2018 first quarter ended June 30, 2017.Q1 revenue c$2.892 billion versus i/b/e/s view c$2.87 billion.Q1 earnings per share c$0.52.Bboard reviewed dividend policy and increased quarterly dividend from $0.15 per share to $0.16 per share​.Qtrly diluted earnings per share c$0.51.  Full Article

Canadian dairy Saputo in talks for acquisitions
Thursday, 1 Jun 2017 03:54pm EDT 

June 1 (Reuters) - Saputo Inc CEO Lino Saputo said on Thursday::Saputo in talks on 4-5 potential acquisitions.  Full Article

Saputo Inc reports Q4 earnings per share of C$0.42
Thursday, 1 Jun 2017 12:17pm EDT 

June 1 (Reuters) - Saputo Inc : :Saputo Inc.: financial results for the fiscal year ended March 31, 2017.Q4 revenue fell 0.5 percent to C$2.72 billion.Q4 earnings per share $0.42, Q4 adjusted earnings per share $0.42.Says in fiscal 2018, company intends to benefit from its global complementary platforms to face challenges in dairy market environment.Says in fiscal 2018, company intends to spend $357.4 million in capital expenditures.In fiscal 2018, company plans to implement ERP system in Australia and then proceed with implementation in dairy foods division.Dairy ingredient market prices are expected to remain relatively stable for remainder of calendar year 2017 for USA sector.Fluctuation of Canadian dollar versus US dollar decreased revenues by approximately $54 million in Q4.Q4 earnings per share view C$0.48 -- Thomson Reuters I/B/E/S.  Full Article

Saputo announces becoming entitled to acquire all remaining shares of Warrnambool
Wednesday, 22 Feb 2017 06:29pm EST 

Saputo Inc : Announces becoming entitled to acquire all remaining shares of Warrnambool . As at date of this announcement, Saputo holds a relevant interest in 98.41% Warrnambool shares. .Received acceptances in respect of 8 mln shares in Warrnambool Cheese And Butter Factory Company Holdings.  Full Article

Saputo announces amendment of its normal course issuer bid
Tuesday, 21 Feb 2017 08:48am EST 

Saputo Inc : Saputo announces the amendment of its normal course issuer bid . Saputo Inc - amended bid will be effective february 23, 2017 and will end no later than november 16, 2017 .Saputo - approval to amend its normal course issuer bid in order to increase maximum number of common shares that may be repurchased to 12 million shares.  Full Article

SAPUTO RECALLS CERTAIN GOUDA CHEESE PRODUCTS IN UNITED STATES
Thursday, 16 Feb 2017 01:32pm EST 

Saputo Inc : SAPUTO INC IS VOLUNTARILY RECALLING CERTAIN GOUDA CHEESE PRODUCTS IN UNITED STATES .NO ILLNESSES DUE TO CONSUMPTION OF THESE PRODUCTS HAVE BEEN REPORTED.  Full Article

Saputo posts Q3 earnings per share of C$0.49
Thursday, 2 Feb 2017 12:34pm EST 

Saputo Inc : Saputo Inc.: Financial results for fiscal 2017 third quarter ended December 31, 2016 . Q3 revenue C$2.966 billion versus I/B/E/S view C$2.98 billion . Qtrly earnings per share C$0.49 . Emanuele Saputo, company's Founding Chairman, has advised company that he will retire effective August 1, 2017 . Effective August 1, 2017, Lino A. Saputo, co's CEO and vice chairman of board, will be appointed to position of chairman of board . Lino A. Saputo, Jr will also retain his responsibilities as company's chief executive officer . In quarter fluctuation of canadian dollar versus foreign currencies during quarter had negative impact on revenues of about $44 million . Emanuele Saputo will not be renewing his mandate as director at company's next shareholders' meeting .Board of Directors approved a dividend of $0.15 per share.  Full Article

Saputo announces closing of secondary offering of its common shares
Tuesday, 29 Nov 2016 09:22am EST 

Saputo Inc - :Saputo announces closing of secondary offering of its common shares.  Full Article

Saputo CEO says company looking for acquisitions
Tuesday, 2 Aug 2016 01:37pm EDT 

Saputo Inc : Saputo Inc CEO, speaking to analysts, said the company remains interested in acquisitions in Latin America, the United States, Oceania and Europe Further company coverage: [SAP.TO] (Reporting By Rod Nickel) ((rod.nickel@thomsonreuters.com;)).  Full Article

Saputo Q1 earnings per share $0.44
Tuesday, 2 Aug 2016 09:46am EDT 

Saputo Inc: Revenues for quarter amounted to $2.631 billion, an increase of $67.0 million or 2.6% . Qtrly earnings per share $0.44 .Q1 earnings per share view c$0.40, revenue view c$2.65 billion -- Thomson Reuters I/B/E/S.  Full Article

Canadian dairy Saputo posts higher profit, boosts dividend

Aug 1 Saputo Inc, one of Canada's largest dairy producers, boosted its dividend and reported a larger quarterly profit on Tuesday, citing higher year-over-year dairy prices.