Saputo's UK operations boost margins in Europe, but concerns remain about input-cost inflation

From Yahoo Finance: 2025-06-09 08:36:00

Saputo’s UK operations are boosting margins in Europe, with adjusted EBITDA increasing to 8.9% in the last 12 months. CEO Carl Colizza notes historical EBITDA margins of 18% have not been reached yet due to input-cost inflation pressures. Optimisation initiatives are showing progress, despite recent job cuts and facility closures in the UK.

The company acquired Dairy Crest in 2019, bringing in brands like Cathedral City and generating £457m ($619.6m) in 2018. Despite challenges in the UK market, Saputo’s European division contributed C$106m ($77.5m) to adjusted EBITDA last year. Revenue for the division increased 9% to C$1.19bn, part of Saputo’s overall rise in adjusted EBITDA to C$1.57bn and revenue to C$19.06bn.



Read more at Yahoo Finance: Saputo’s UK operations aid margins but European outlook tempered