Saputo eyeing additional acquisition opportunities
date:Feb 11, 2014
uisition of Morningstar (renamed Saputo Dairy Foods USA, L.L.C.), paid off in the first quarter of fiscal 2014. EBITDA in the USA Sector of Saputo in the quarter ended Dec. 31, 2013, totaled C$121.1 million ($109.7 million), up 50% from C$81 million in the same period a year ago. Revenues totaled C$1,138 million ($1,031 million), up sharply from C$663.6 million a year ago.

Saputo said it continues to pursue volume growth and evaluate opportunities in the specialty cheese category within the USA
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