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FY2020 Annual Report - Saputo Net Profit down 22.8%

Jun 09, 2020 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Dateline: Tuesday June 09, 2020Saputo (TSX:SAP) reported net profit for the year-ended 31 March 2020 [FY2020] of CAD583m ($US411m), down 22.8% from CAD755m ($US566m) in the previous year [FY2019]. Earnings per share (EPS) were down 24.7% from CAD1.94 ($US1.45) in FY2019 to CAD1.46 ($US1.03) in FY2020.Saputo (SAP:CAD32.90) continues significant downtrendSaputo Inc. (TSX:SAP), Canada's largest Consumer packaged goods company by market cap, has decreased 22.0c (0.7...