- Saputo press release (OTCPK:SAPIF): Q1 Non-GAAP EPS of C$0.39.
- Revenue of C$4.61B (+9.8% Y/Y).
- Adjusted EBITDA amounted to C$383 million, up C$21 million or 5.8%.
- FY25 outlook:
- “Cash flow generation should increase, driven by improvements in adjusted EBITDA and a reduction in capital expenditures following the completion of the bulk of our Global Strategic Plan investments.
- Our leverage ratio should progressively come down and is anticipated to be below our target of 2.25 times net debt to adjusted EBITDA, as adjusted EBITDA and cash flow generation improve during FY25.
- We expect to see steady improvements in FY25 and remain on course to deliver on our long-term goals. Factors impacting our performance in FY25 will be the economic health of consumers, the moderating rate of input cost inflation, the increasing stability of the supply chain environment, and benefits from our Global Strategic Plan.”
Saputo Non-GAAP EPS of C$0.39, revenue of C$4.61B
