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Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)

Saputo earnings up with weaker loonie

Reuters — Saputo, one of Canada’s largest dairy producers, reported higher than expected adjusted earnings on Thursday, helped by weakness in the Canadian dollar. For its fiscal third quarter, adjusted net income rose 13.5 per cent to $175.4 million, or 44 cents a share. Revenue during the quarter, which ended Dec. 31, rose 2.8 per […] Read more