- Saputo’s Canada revenues reached C$1.32 billion during the first quarter, marking a 5.4% increase from the previous year, surpassing the estimated C$1.3 billion.
- The adjusted EBITDA for the Canada sector was C$170 million, showing an 11% increase year-over-year, beating the estimate of C$165.2 million.
- Despite a 56% year-over-year decrease, the total adjusted EBITDA was reported at C$170 million, as compared to the projection of C$404.4 million.
- In the USA Sector, adjusted EBITDA amounted to C$171 million, a rise of 5.6% from the previous year, exceeding the estimated C$161.2 million.
- The company attributes strong results to exceeding expectations in the Canada Sector, improved performance in the USA Sector amidst commodity headwinds, and steady gains in the International and Europe Sectors.
- Investment recommendations include 8 buys, 3 holds, and 1 sell.
A look at Saputo Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Saputo shows a positive long-term outlook. With strong scores in Value, Momentum, and Resilience, the company appears to be in a favorable position for growth and stability. The high Value score suggests that Saputo’s stock may be undervalued, presenting a potential opportunity for investors. Additionally, the solid Momentum score indicates that the company is exhibiting positive price trends, which could attract further investment. Moreover, the Resilience score implies that Saputo has shown a capability to weather market uncertainties. Although scores for Growth and Dividend are not as high, the overall outlook for Saputo seems promising.
Saputo Inc. specializes in manufacturing dairy and grocery products, focusing on various cheeses including Italian, European, and North American varieties. In addition to its cheese offerings, Saputo operates a distribution network that markets imported cheeses and non-dairy products. The company also produces and distributes snack cakes, cookies, breads, and soups. With a diverse product portfolio and a strong presence in the dairy industry, Saputo is positioned as a key player in the food manufacturing sector with potential for future growth and sustainability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
