Saputo Inc. reported today its financial results for the third quarter of fiscal 2012, which ended on Dec. 31, 2011. Saputo ranks third on the Dairy 100, Dairy Foods' annual listing of North America’s largest dairy processors.

-- Net earnings for the quarter totaled $129.8 million (all amounts are in Canadian dollars, unless otherwise indicated), an increase of $17.7 million or 15.8% compared to $112.1 million for the same quarter last fiscal year.
-- Earnings before interest, income taxes, depreciation and amortization (EBITDA) amounted to $207.3 million, an increase of $16.2 million or 8.5% in comparison to $191.1 million for the same quarter last fiscal year.
-- Revenues for the quarter amounted to $1.796 billion, an increase of $261.7 million or 17.1% in comparison to $1.535 billion for the corresponding quarter last fiscal year.
-- Basic earnings per share (EPS) and diluted EPS were $0.64 for the
quarter, as compared to basic EPS of $0.55 and diluted EPS of $0.54 for the corresponding quarter last fiscal year.