The revenue of Saputo Inc., the Montreal-based dairy company, reached approximately 17.34 billion Canadian dollars in the fiscal year 2024. Their revenue has gradually increased year-on-year from 7.3 billion Canadian dollars in 2013.Ìý
Saputo Inc.
Saputo Inc. produces, markets and distributes dairy products. Starting out in Montreal in 1954, today the company also operates in the United States, Argentina and Australia whilst selling their products in over 40 countries globally. Saputo Inc. was the third most successful dairy food processor in North America in 2023, with annual sales reaching approximately 11.5 billion U.S. dollars in that year. .
Canadian dairy trade
Canada is a big player in the global trade of dairy products. In 2023, over over 454million U.S. dollars’ worth of dairy and eggs were exported from Canada to the rest of the world. The United States was their biggest trading partner. Canada imports an even larger sum of dairy goods from the United States.Ìý