Saputo Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was CAD 4,323 million compared to CAD 4,461 million a year ago. Net income was CAD 156 million compared to CAD 145 million a year ago. Basic earnings per share from continuing operations was CAD 0.37 compared to CAD 0.35 a year ago. Diluted earnings per share from continuing operations was CAD 0.37 compared to CAD 0.35 a year ago.
For the six months, sales was CAD 8,530 million compared to CAD 8,788 million a year ago. Net income was CAD 297 million compared to CAD 284 million a year ago. Basic earnings per share from continuing operations was CAD 0.7 compared to CAD 0.68 a year ago. Diluted earnings per share from continuing operations was CAD 0.7 compared to CAD 0.68 a year ago.