# Saputo Q2 Earnings Call Highlights

> Saputo reported higher fiscal 2027 second-quarter earnings and wider margins, with adjusted EBITDA up about 14% to CAD 438 million and revenue up 4% to CAD 4.3 billion. Strong demand and pricing for high-protein dairy ingredients helped offset weaker U.S. cheese markets and rising costs; the company said ingredient demand continues to outpace supply growth, though some prices have eased from recent highs.

- Date: 2026-11-09 · published 2026-11-09T03:17:23.753Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/88653-saputo-q2-earnings-call-highlights
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Demand exceeding supply growth supports prices for high-protein dairy ingredients, while easing prices and short contract terms could temper that support. The article does not indicate a clear direct effect on listed feed commodities.

## Sources

- watchlistnews.com: https://www.watchlistnews.com/saputo-q2-earnings-call-highlights/11299091.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
