Saputo COVID-19 hit but resilient

Marian Macdonald
Updated June 10 2020 - 2:16pm, first published June 5 2020 - 8:20am
CONFIDENT: Saputo chair Lino Saputo Jr is confident about the performance of the global dairy giant, including its Australian division.
CONFIDENT: Saputo chair Lino Saputo Jr is confident about the performance of the global dairy giant, including its Australian division.

Canadian dairy processing giant, Saputo, has been hit hard by COVID-19, with adjusted net earnings down 21.5 per cent in the fourth quarter but its profitability for the year held up and Australia was among its most resilient divisions.

Marian Macdonald

Marian Macdonald

National rural property writer

Writing for farmers in the Stock & Land, The Land, Queensland Country Life, Stock Journal and FarmWeekly, farming in Gippsland.

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