Slide 1: Fiscal Year 2023 Third Quarter Results
February 10, 2023 Fiscal Year 2023 Third Quarter Results 2022 2023 Saputo Saputo Inc.Inc. andand affiliates. affiliates. All rights All rights reserved. reserved.
Slide 2: Caution Regarding Forward-Looking Information
Caution Regarding Forward-Looking Information This presentation and accompanying oral presentation contain statements which are forward-looking statements within the meaning of applicable securities laws. These forward-looking statements include, among others, statements with respect to our objectiv
Slide 3: Q3-FY23 Highlights
Q3-FY23 Highlights • Significant year-over-year improvement in the USA Sector while the Canada Sector and International Sector continued to deliver solid results • Revenue increased versus the prior year due to inflation-driven pricing initiatives, higher commodity prices, international cheese and d
Slide 4: Global Strategic Plan
RECENT ANNOUNCEMENTS Global Strategic Plan • Announced further consolidation initiatives intended to further streamline and enhance our manufacturing footprint in the USA Sector: • Construction of a new, state-of-the-art cut-and-wrap facility in Franklin, Wisconsin, creating 600 jobs • Expansion of
Slide 5: Q3-FY23 Consolidated Results
Q3-FY23 Consolidated FINANCIAL HIGHLIGHTS Results Increased adjusted EBITDA1 in all our sectors was led by significant improvement in the USA Sector and continued solid performances in the Canada Sector and International Sector For the quarter ended December 31, 2022 Increased revenues reflected: (i
Slide 6: Canada Sector
Q3-FY23 HIGHLIGHTS BY SECTOR Canada Sector For the quarter ended December 31, 2022 (in millions of CDN dollars) Q3-FY23 vs. Q2-FY23 vs. Q3-FY22 Revenues $1,213 2% 9% Adjusted EBITDA $149 $13 $28 Adjusted EBITDA margin 12.3% Solid year-over-year results despite challenging market conditions relativ
Slide 7: USA Sector
Q3-FY23 HIGHLIGHTS BY SECTOR USA Sector For the quarter ended December 31, 2022 (in millions of CDN dollars) Q3-FY23 vs. Q2-FY23 vs. Q3-FY22 Revenues $2,172 5% 34% Adjusted EBITDA $146 $44 $63 Adjusted EBITDA margin 6.7% Benefits from previously announced pricing initiatives to mitigate higher inp
Slide 8: International Sector
Q3-FY23 HIGHLIGHTS BY SECTOR International Sector For the quarter ended December 31, 2022 (in millions of CDN dollars) Q3-FY23 vs. Q2-FY23 vs. Q3-FY22 Revenues $917 7% Adjusted EBITDA $111 $14 $26 Adjusted EBITDA margin 12.1% Favourable relation between international cheese and dairy ingredient ma
Slide 9: Europe Sector
Q3-FY23 HIGHLIGHTS BY SECTOR Europe Sector For the quarter ended December 31, 2022 (in millions of CDN dollars) Q3-FY23 vs. Q2-FY23 vs. Q3-FY22 Revenues $285 27% 17% Adjusted EBITDA $39 $5 $6 Adjusted EBITDA margin 13.7% Pricing initiatives mitigated higher cost of milk as raw material and other i
Slide 10: FY23 Outlook
We anticipate that input and logistics costs will remain at elevated levels, but we expect strong pricing contribution across all sectors in line with price increases Labour availability improvements, along with fewer supply chain constraints and the acceleration of our productivity and operational
Slide 11: Fourth Quarter and Fiscal Year 2023 Results June 8, 2023
Fourth Quarter and Fiscal Year 2023 Results June 8, 2023 2022 2023 Saputo Saputo Inc.Inc. andand affiliates. affiliates. All rights All rights reserved. reserved.
Slide 12: Appendix
Appendix . re) oe dg
Slide 13: Quarterly Financial Information by Sector
Quarterly Financial Information by Sector Fiscal years 2023 2022 2021 (in millions of CDN dollars) Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Revenues Canada 1,213 1,185 1,142 1,055 1,112 1,081 1,033 1,001 USA 2,172 2,062 2,043 1,743 1,627 1,533 1,506 1,399 International 917 989 916 922 919 858 754 827 Europe 285 225
Slide 14: Investor Relations
Investor Relations Nicholas Estrela Director, Investor Relations Saputo Inc. 6869 Métropolitain Blvd. East Montréal, QC Canada H1P 1X8 514-328-3117 nicholas.estrela@saputo.com www.saputo.com