is the most recent earnings report. Note:Earnings Before Interest, Taxes, Depreciation and Amortization - EBITDA
-- Net earnings totalled $382.7 million or $1.85 (basic) per share, up
37.2% compared to $278.9 million or $1.35 (basic) per share in fiscal
-- Consolidated revenues totalled $5.811 billion, an increase of $17.3
million or 0.3% compared to $5.793 billion posted in fiscal 2009.
-- Consolidated earnings before interest, income taxes, depreciation and
amortization (EBITDA)(1) amounted to $692.1 million, an increase of
$144.3 million or 26.3% compared to $547.8 million in fiscal 2009.
-- EBITDA in the Canada, Europe and Argentina (CEA) Dairy Products Sector
totalled $457.9 million, as compared to $378.9 million last fiscal year,
an increase of $79.0 million or 20.8%.
-- EBITDA of the USA Dairy Products Sector amounted to $218.4 million, an
increase of $66.4 million or 43.7% in comparison to $152.0 million for
last fiscal year.
-- EBITDA of the Grocery Products Sector decreased by $1.1 million to $15.8
million in the current fiscal year, from $16.9 million in fiscal 2009.
-- Cash flows generated by operating activities totalled $583.6 million, an
increase of $116.3 million compared to $467.3 million in fiscal 2009.
-- Bank loans and long-term debt were reduced by $314.5 million. The
Company paid $119.0 million in dividends, issued shares for a cash
consideration of $26.0 million as part of the stock option plan and
repurchased $38.1 million of share capital as part of the Normal Course
A 43.7% increase in earnings is very nice.