Saputo Reports Financial Results for the First Quarter of Fiscal 2027 Ended June 30, 2026

MONTRÉAL, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the first quarter of fiscal 2027, which ended on June 30, 2026. All amounts in this news release are in millions of Canadian dollars (CDN), except per share amounts, unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS) Accounting Standards. The results of the remaining 20% interest in the previously owned Dairy Division (Argentina), which had historically been reported within the International Sector and for which comparative information has been re-presented following its classification as a discontinued operation, continue to be accounted for as an investment in an associate using the equity method and are presented within the International Sector.

“We delivered a strong start to fiscal 2027, with all four sectors contributing to stronger results, and broad-based earnings growth,” said Carl Colizza, President and CEO. “Our performance this quarter was driven by strong sales volumes across our business, and by clear momentum in our ingredients platform, where sustained demand for high-protein dairy and constructive market conditions translated directly into results. This reflects the payoffs from the investments we have made to expand capacity, upgrade our production network, and build a more efficient, lower-cost platform, and it reinforces our conviction in the categories and platforms where we have chosen to invest and grow. With a more focused portfolio, a strengthened balance sheet, and disciplined execution, we are well positioned to keep converting demand into higher-quality, sustainable earnings.”