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Add as a preferred source on GoogleSaputo Expects UK Dairy Division Sale to Close in Second Half of FY27
The company is creating a dedicated Ingredients Division and reported 14% adjusted EBITDA growth, with its margin above 10%.
Saputo expects the sale of its UK Dairy Division to close in the second half of fiscal 2027, alongside its plan to create a dedicated Ingredients Division.
In its second-quarter fiscal 2027 results, Saputo reported that adjusted EBITDA from continuing operations grew 14% and its margin rose above 10%.
CEO Carl Colizza characterized the quarter as strong and identified high-protein ingredients as the primary driver of earnings growth.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.