Saputo earnings ease on bakery unit writedown
date:Jun 07, 2012
. The sector will also continue to evaluate opportunities to improve its manufacturing and distribution efficiencies across the U.S.
During the fourth quarter of fiscal 2012, Saputo suffered a loss of C$2,577,000 ($2,483,000), which compared with earnings of C$100,423,000, or C$0.49 per share, in the same period a year ago. EBITDA in the fourth quarter was C$200,955,000 ($193,587,000), up from C$194,490,000. Sales for the quarter were C$1,703,502,000 ($1,641,045,000) compared with C$1,481,255,00
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