Quebec-based dairy giant Saputo reports net earnings of $139 million | Globalnews.ca

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Quebec-based dairy giant Saputo reports net earnings of $139 million

Saputo says in a statement that the company could see improved margins as input costs stabilize and efficiencies and “price realization” continue.Revenue for the company’s first quarter of fiscal 2023 amounted to $4.

3 billion, up from $3.5 billion in the same quarter last year.
 

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🇨🇦The Canadian Dairy industry is very strange. Tweets about farmers dumping milk and dairy police closing Ice cream stores. Milk & dairy sure cost a lot in Canada, eh ? 🇨🇦

Creating jobs, making mozzarella. Why complain ?

So what Why are you people trying so hard to demonize capitalism? The people that work for Saputo are probably happy because it means the company will still be able to employee them .

Everyone is paying more because of Justinflation but don't worry, Justin's rich corporate buddies are still getting richer. IStandWithTrudeau

Great now do oil companies and grocery chains

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Dairy giant Saputo reports net earnings of $139-millionSaputo says it expects continued inflation pressures ahead on both product inputs and on logistic costs There us obvious price rigging and gauging going on between the major food corps. But our elected officials are friends with em
Source: globeandmail - 🏆 5. / 92 Read more »