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Saputo earnings ease on bakery unit writedown
date:Jun 07, 2012
Net earnings in the year ended March 31 totaled C$380,840,000 ($366,911,000), equal to C$1.89 per share on the common stock, down 15% from C$450,051,000, or C$2.18 per share, in fiscal 2011. EBITDA, meanwhile, rose 5% to C$830,931,000 ($800,537,000), up from C$788,281,000.
Sales for the year were C$6,930,370,000 ($6,676,699,000), up 15% from C$6,002,932,000 during fiscal 2011.
EBITDA in the companys Grocery Products segment in fiscal 2012 inched up narrowly to C$12.7 million ($12.2 million) from

12/19 23:18