Saputo Reports $4.2 Billion Q4 Revenue, Plans Argentina Division Sale

Saputo reported fourth-quarter revenue of $4.2 billion, down 6 percent from the prior year, and adjusted EBITDA of $386 million, up 5 percent, for the period ended in fiscal 2026. Adjusted EBITDA margin reached 9.2 percent. The company attributed the revenue decline to lower U.S. dairy commodity prices and said volume growth came from targeted commercial initiatives.

In February, Saputo signed an agreement to sell an 80 percent stake in its Argentinian division. The transaction is expected to close in the first half of fiscal 2027, subject to regulatory approvals. After the sale, Saputo will retain a 20 percent interest accounted for under the equity method.

Results from the Argentinian unit are now classified as discontinued operations. Capital expenditures are projected to total approximately $515 million in fiscal 2027, directed toward high-return projects in faster-growing dairy segments.

Management stated that operational improvements in the U.S. and Europe, along with warehouse optimization, supported margin expansion. The company plans to increase advertising and promotional spending by about 20 percent in fiscal 2027. President and Chief Executive Officer Carl Kaliza said structural demand for protein and renewed consumer trust in dairy are supporting higher-value offerings.

Chief Financial Officer Max Interien said strong cash generation provides flexibility for reinvestment and potential strategic acquisitions in protein, better-for-you, and tailored-nutrition categories.