Tuesday, June 5, 2007

UPDATE 1-Higher prices help lift Saputo profit 67 pct

(Reuters) - Saputo, one of North America's largest cheese producers,
earned C$62.9 million , or 60 Canadian cents a
share, in the three months ended March 31. This was up from a
profit of C$37.7 million, or 36 Canadian cents a share, in the
corresponding period a year earlier.




Analysts had expected Saputo to earn 55 Canadian cents
before exceptional items, according to Reuters Estimates.


Read more at Reuters.com Market News

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