Saputo

Saputo signs large-scale virtual power purchase agreement with Capital Power

Retrieved on: 
Wednesday, March 27, 2024
Electricity, Climate change, Farmer, Schneider Electric, Science Based Targets initiative, Environment, VPPA, Clean technology, Saputo Inc., SAP, Science, Wind, Capital Power Corporation, Senior, Carbon, TSX, Saputo, CO2, CPX, Food industry, Renewable energy

MONTRÉAL, March 27, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company) today announced it has entered into a 15-year virtual power purchase agreement (VPPA) with Capital Power (TSX: CPX), a North American power producer.

Key Points: 
  • MONTRÉAL, March 27, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company) today announced it has entered into a 15-year virtual power purchase agreement (VPPA) with Capital Power (TSX: CPX), a North American power producer.
  • The agreement pertains to a Canadian-based wind facility (Halkirk 2 Wind) currently under construction.
  • Saputo has been working hard to address climate change since making its Environmental Pledges public in 2020.
  • The Company has invested $70 million in capital to fund more than 65 projects to reduce the carbon, energy, and water intensities of its operations, in addition to signing another long-term power purchase agreement in Australia in 2021.

Capital Power signs large-scale virtual power purchase agreement with Saputo Inc.

Retrieved on: 
Wednesday, March 27, 2024
Electricity, Climate change, Schneider Electric, Indigenous peoples, Environment, VPPA, Perception, Clean technology, Policy, News, Saputo Inc., Wind, Capital Power Corporation, Senior, Carbon, Risk, TSX, Saputo, CO2, Annual report, CPX, Legislation, Food industry, Renewable energy

EDMONTON, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) has entered into a 15-year virtual power purchase agreement (VPPA) with Saputo Inc. (TSX: SAP).

Key Points: 
  • EDMONTON, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) has entered into a 15-year virtual power purchase agreement (VPPA) with Saputo Inc. (TSX: SAP).
  • The agreement pertains to Capital Power’s Canadian-based wind facility (Halkirk 2 Wind) currently under construction.
  • Subject to final regulatory approvals and once operational, the portion of the wind facility contracted by Saputo will generate approximately 206,300 MWh of renewable electricity per year.
  • The new VPPA will ultimately cut down Saputo’s global CO2 footprint by 13 per cent (against its fiscal 2020 baseline).

REMINDER -- Saputo Inc.: Fiscal 2024 Third Quarter Results

Retrieved on: 
Friday, February 9, 2024
Saputo, TSX, Eastern Time Zone, Chairperson, Saputo Inc., ID, SAP

MONTRÉAL, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX:SAP) – Saputo will release its fiscal 2024 third quarter financial results on Thursday, February 8, 2024.

Key Points: 
  • MONTRÉAL, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX:SAP) – Saputo will release its fiscal 2024 third quarter financial results on Thursday, February 8, 2024.
  • A press release will be issued after markets close, and a conference call is scheduled on Friday, February 9, 2024, at 8:30 a.m. (Eastern Time) to discuss the Company’s results.
  • The speakers will be Mr. Lino A. Saputo, Chair of the Board, President and CEO and Mr. Maxime Therrien, Chief Financial Officer and Secretary.
  • A replay of the conference call will also be available until Friday, February 16, 2024, 11:59 p.m. (ET) by dialling 1-800-558-5253 (ID number: 22028964).

Saputo Reports Financial Results for the Third Quarter of Fiscal 2024 Ended December 31, 2023

Retrieved on: 
Thursday, February 8, 2024
EPS, Community, Capital expenditure, Plant, News, Elasticity, Conference, Investment, Growth, Conversation, Chairperson, Column, Saputo, ID, Management, Business ethics, Public expenditure, Milk, Nutrition, Bank statement, ESG, Eastern Time Zone, Food quality, Automation, International, Webcast, DRIP, Advertising, Renewable energy

The Board of Directors approved a dividend of $0.185 per share payable on March 15, 2024, to shareholders of record on March 5, 2024.

Key Points: 
  • The Board of Directors approved a dividend of $0.185 per share payable on March 15, 2024, to shareholders of record on March 5, 2024.
  • Saputo announces that it suspends its Dividend Reinvestment Plan (“DRIP”), effective February 8, 2024.
  • In the third quarter of fiscal 2024, we continued our efforts across our seven Pillars to progress on our three-year goals.
  • The speakers will be Lino A. Saputo, Chair of the Board, President and CEO, and Maxime Therrien, Chief Financial Officer and Secretary.

Saputo Inc.: Fiscal 2024 Third Quarter Results

Retrieved on: 
Thursday, January 11, 2024
Saputo Inc., ID, TSX, SAP, Eastern Time Zone, Saputo, Chairperson

MONTRÉAL, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX:SAP) – Saputo will release its fiscal 2024 third quarter financial results on Thursday, February 8, 2024.

Key Points: 
  • MONTRÉAL, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX:SAP) – Saputo will release its fiscal 2024 third quarter financial results on Thursday, February 8, 2024.
  • A press release will be issued after markets close, and a conference call is scheduled on Friday, February 9, 2024, at 8:30 a.m. (Eastern Time) to discuss the Company’s results.
  • The speakers will be Mr. Lino A. Saputo, Chair of the Board, President and CEO and Mr. Maxime Therrien, Chief Financial Officer and Secretary.
  • A replay of the conference call will also be available until Friday, February 16, 2024, 11:59 p.m. (ET) by dialling 1-800-558-5253 (ID number: 22028964).

Lino A. Saputo Appointed Member of the Order of Canada

Retrieved on: 
Thursday, December 28, 2023
Family, Woman, Lino, Chairperson, Workplace, Saputo Inc., Canada Dry, Saputo, TSX, National bank, AFP

Since its creation in 1967, the Order of Canada honours Canadians who make extraordinary contributions to the nation.

Key Points: 
  • Since its creation in 1967, the Order of Canada honours Canadians who make extraordinary contributions to the nation.
  • This marks the second time that Saputo celebrates such an achievement, with its founder, Emanuele (Lino) Saputo, having previously been invested into the Order of Canada in 2012.
  • Accomplished entrepreneur, businessman, and philanthropist, Lino A. Saputo is being recognized for his contributions to Canadian business as a dedicated corporate leader and his philanthropic ventures supporting charitable organizations.
  • “It is with great pride and appreciation that I join the Order of Canada.

Saputo Inc. Recognized as One of Canada's Top 100 Employers for 2024

Retrieved on: 
Friday, November 17, 2023
Well, Woman, Employment, Policy, SAP, Workforce, Heart, Occupational safety and health, Health, Cheese, Global health, Finance, Saputo Inc., Parental leave, Mediacorp, Environment, Bias, TSX, Workplace, Safety, Nursing, Management, Saputo

MONTRÉAL, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company), has been named one of Canada’s Top 100 Employers by Mediacorp Canada Inc., the country’s largest publisher of employment periodicals.

Key Points: 
  • MONTRÉAL, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (we, Saputo or the Company), has been named one of Canada’s Top 100 Employers by Mediacorp Canada Inc., the country’s largest publisher of employment periodicals.
  • This prestigious designation recognizes Canadian employers implementing forward-thinking human resources policies and leading their industries in offering exceptional places to work.
  • For more information about why Saputo Inc. was named one of Canada’s Top 100 Employers, click here .
  • Last month, Saputo Inc. was also recognized as one of the World’s Top Companies for Women by Forbes magazine for a second year in a row.

REMINDER: Saputo Inc.: Fiscal 2024 Second Quarter Results

Retrieved on: 
Friday, November 10, 2023
ID, Eastern Time Zone, Chairperson, TSX, Saputo Inc., SAP, Saputo

MONTRÉAL, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX:SAP) – Saputo will release its fiscal 2024 second quarter financial results on Thursday, November 9, 2023.

Key Points: 
  • MONTRÉAL, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX:SAP) – Saputo will release its fiscal 2024 second quarter financial results on Thursday, November 9, 2023.
  • A press release will be issued after markets close, and a conference call is scheduled on Friday, November 10, 2023, at 8:30 a.m. (Eastern Time) to discuss the Company’s results.
  • The speakers will be Mr. Lino A. Saputo, Chair of the Board, President and CEO and Mr. Maxime Therrien, Chief Financial Officer and Secretary.
  • For those unable to join, the webcast presentation will be archived on Saputo’s website (www.saputo.com) in the “Investors” section, under “Calendar of Events”.

Saputo Announces Network Optimization Initiatives in Its USA Sector

Retrieved on: 
Thursday, November 2, 2023
Saputo Inc., Cheese, Chairperson, SAP, TSX, Tax, Saputo

MONTRÉAL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Following the start-up of its recently converted state-of-the-art goat cheese manufacturing facility in Reedsburg, Wisconsin, Saputo Inc. (TSX: SAP) (Saputo, we or the Company) announces today the permanent closure of its Lancaster, Wisconsin, facility.

Key Points: 
  • MONTRÉAL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Following the start-up of its recently converted state-of-the-art goat cheese manufacturing facility in Reedsburg, Wisconsin, Saputo Inc. (TSX: SAP) (Saputo, we or the Company) announces today the permanent closure of its Lancaster, Wisconsin, facility.
  • The Company intends to transition production from its Lancaster facility to Reedsburg, along with that of its facility in Belmont, Wisconsin, the closure of which was previously announced.
  • The Lancaster and Belmont facilities are expected to close in the fourth quarter of fiscal 2024.
  • “In line with our Global Strategic Plan, the network optimization initiatives announced today will increase operational efficiency and capacity utilization in our USA Sector, while further improving our cost structure,” said Lino A. Saputo, Chair of the Board, President and CEO.

Burcon CEO to Deliver Keynote at Plant Protein Innovation Center Workshop

Retrieved on: 
Tuesday, October 24, 2023
Knowledge, PPIC, Coffman Memorial Union, University, Research, ADM (company), Drink, Conagra Brands, Cargill, Danone, General Mills, TSX, Fine chemical, Ingredion, Saputo

As a key figure in the plant protein industry, Mr. Underwood is honored to share his insights and expertise at this pivotal event.

Key Points: 
  • As a key figure in the plant protein industry, Mr. Underwood is honored to share his insights and expertise at this pivotal event.
  • "We are thrilled to have Mr. Underwood from Burcon NutraScience Corporation join us as a keynote speaker and panelist at the Process Scale Up Workshop," expressed Dr. Pam Ismael, PPIC Director.
  • The workshop audience would be both smaller start-ups and established corporations in the alternative protein category.
  • The Plant Protein Innovation Center (PPIC) at the University of Minnesota is the first research organization in the US dedicated to bringing together interdisciplinary researchers and industry partners to deliver new, nutritious, and functional plant protein ingredients and products.