date:Jun 07, 2013
or the year, Saputo saw its net income increase 26% to C$481.9 million ($466.23 million), equal to C$2.44 ($2.36) per share on the common stock, when compared to fiscal 2012.
Sales for the year rose 5% to C$7,297.7 million ($7,070 million) compared with the previous fiscal year.
This fiscal year was highlighted by many important decisions, including the consolidation of distribution activities in the greater Montreal area, the announced closure of two Canadian plants, one in Winkler, Man., and