date:Nov 09, 2012
sponding quarter last fiscal year.
In the United States (US), the average block market1 per pound of cheese decreased by US$0.26 compared to the same period last fiscal year, decreasing revenues. In the US, market factors positively impacted EBITDA by approximately $10 million. A better dairy ingredients product mix offset unfavourable dairy ingredients market conditions, positively affecting both revenues and EBITDA of the USA and Canadian dairy products Divisions as compared to the same quart