Fiscal Year

Saputo has made five acquisitions in the last 13 months, bumping up its revenue. Pic: Getty/haurashko_ksu

Saputo’s annual revenue jumps 17% after three acquisitions

By Beth Newhart

Saputo Inc. reported its latest fourth quarter and fiscal year results, ending March 31. It completed a series of acquisitions last year that contributed to higher revenue, while low cheese prices and struggles with the Canadian dollar hurt overall earnings.

Jürg Oleas, CEO, GEA Group Aktiengesellschaft at the AGM.

‘We must not rest on our laurels’

GEA revenue growth for 2015 overshadowed by 1,450 job cuts

By Jenny Eagle

GEA said it expects to achieve a moderate organic growth in revenue and an operating EBITDA of between €580 and €620m in the current fiscal year 2015, but its growth is overshadowed by 1,450 job cuts.

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