Saputo Inc. reported Q2 results with adjusted EBITDA up about 14% to $438 million and revenue up about 4% to $4.3 billion. Adjusted EPS rose 28% to $0.55, driven by high-protein ingredient pricing, higher volumes and added capacity.
Stronger high-protein ingredient pricing and volumes point to firm demand for dairy protein inputs, which can support whey and milk-protein prices for feed and ingredient buyers.
After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.