Saputo: Financial results for fiscal 2015 first quarter ended June 30, 2014
date:Aug 07, 2014
s. Market factors4 in the USA Sector negatively impacted EBITDA.
The Canada Sector EBITDA decreased mainly due to higher ingredients and operational costs.
The International Sector EBITDA increased due to the contribution of the Dairy Division (Australia) and higher selling prices in the export market.
The fluctuation of the Canadian dollar versus the US dollar and the Argentinean peso during the quarter had a positive impact on revenues and EBITDA, as compared to the same quarter last fiscal ye
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