Agropur launched Baboo, which opened up a new category of dairy products intended for toddlers aged 12 to 24 months, and Natrel dark chocolate milk.
Agropur Cooperative, Longueuil, Quebec, said today its sales grew 5.1% to Cdn$3.7 billion in the fiscal year ended Nov. 3, 2012. (There were 53 weeks in Fiscal 2012 compared to 52 in 2011.) Earnings before interest, taxes, amortization and joint ventures (operating surplus) increased by $1.8 million, reaching $246.8 million for Fiscal 2012. Agropur declared $101.6 million in patronage dividends to its members spread all over the province of Québec.
"Globally, the Cooperative is in a more solid position than ever, and our operating results achieved a remarkable level again this year. This means that we have the resources that we require to pursue our growth," explained Agropur CEO Robert Coallier.