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Saputo shows 32.8% profit increase
By Shaun Weston
02 November 2010
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Net earnings for the quarter totalled $125.5m, an increase of $31.0m or 32.8% compared to $94.5m for the same quarter last fiscal year.
Earnings before interest, income taxes, depreciation and amortisation (Ebitda) amounted to $210.8m, an increase of $36.1m or 20.7% in comparison to $174.7m for the same quarter last fiscal year.
Revenues for the quarter amounted to $1.561bn, an increase of $77.9m or 5.3% in comparison to $1.483bn for the corresponding quarter last fiscal year.
Basic Earnings per share (EPS) and diluted EPS were $0.60 for the quarter, as compared to basic EPS of $0.46 and diluted EPS of $0.45 for the corresponding quarter last fiscal year.
Source: Saputo
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