Saputo Inc. | Jotup

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

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Wednesday, March 27, 2024

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

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).

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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).

Saputo Announces Planned Retirement of Chief Human Resources Officer

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Thursday, March 14, 2024

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MONTREAL, March 14, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company) today announced the planned retirement of Gaétane Wagner, Chief Human Resources Officer, to take effect following the completion of a transition period.

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MONTREAL, March 14, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company) today announced the planned retirement of Gaétane Wagner, Chief Human Resources Officer, to take effect following the completion of a transition period.
In line with the succession plans set forth by the Company, Isabelle Tisseur, currently Executive Vice President, Human Resources, will assume the role of Chief Human Resources Officer upon Ms. Wagner’s retirement.
"During her tenure, she has played a pivotal role in shaping Saputo's human resources strategies, fostering a culture of inclusion, diversity, and employee development.
Ms. Tisseur brings extensive experience in human resources management and a deep understanding of Saputo's culture and values.

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

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Friday, February 9, 2024

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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 Inc.: Fiscal 2024 Third Quarter Results

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Thursday, January 11, 2024

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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

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Thursday, December 28, 2023

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

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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

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Friday, November 17, 2023

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.

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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

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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”.

Galacto-oligosaccharide Market to grow by USD 746.25 million from 2024-2028; Europe to account for 41% of market growth - Technavio

Retrieved on:

Monday, December 11, 2023

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The galacto-oligosaccharide market size is expected to grow by USD 746.25 million from 2023 to 2028.

Key Points:

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The galacto-oligosaccharide market size is expected to grow by USD 746.25 million from 2023 to 2028.
In addition, the momentum of the market will progress at a CAGR of 10.29% during the forecast period, according to Technavio Research.
Europe will contribute 41% to the growth of the global market during the forecast period.
Growth of the galacto-oligosaccharide market across North America, Europe, Asia, and ROW
Comprehensive analysis of factors that will challenge the growth of galacto-oligosaccharide market vendors.

Saputo Announces Network Optimization Initiatives in Its USA Sector

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Thursday, November 2, 2023

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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.