Saputo said fourth-quarter net earnings from continuing operations rose, supported by higher adjusted EBITDA and lower restructuring costs. Revenues fell 5.5% year over year, making the update mixed overall despite the profit improvement. The release is relevant mainly as a routine earnings update and is unlikely to have a broad market impact.
Saputo said fourth-quarter net earnings from continuing operations rose, supported by higher adjusted EBITDA and lower restructuring costs. Revenues fell 5.5% year over year, making the update mixed overall despite the profit improvement. The release is relevant mainly as a routine earnings update and is unlikely to have a broad market impact.
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