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Quarterly Report Analysis Q2 2020: Saputo reports 20.4% sequential rise in Quarterly Net Profit Corporate Wire Date: 28 December 2020 23:17 EST Release Date: December 10, 2020

Dec 29, 2020 - News Bites Canadian Markets

CANADIAN RESULTS

Saputo (TSX:SAP), announced net profit of CAD171m ($127m) for the quarter-ended 30 September 2020 [Q2/2020], up 20.4% from the previous quarter [Q1/2020] and down 2.3% from the year-earlier period [Q2/2019]. Earnings per share (EPS) were up 20% sequentially from 35.0c (US26.45c) in Q1/2020 to 42.0c (US31.34c) in Q2/2020.

Quarter-ended 30 Sep [Q2/2020] 30 Jun [Q1/2020] 31 Dec [Q3/2019] EPS, c 42.0 35.0 49.0 Sequential growth in EPS % 20.0 - 11.4 Revenue, CAD b...