USA: Aurora Foods sees Q2 EBITDA, volume growth in line with expectations
St. Louis-based Aurora Foods, a producer and marketer of leading food brands, has posted results for its Q2 ended 30 June in line with company expectations. Aurora's adjusted EBITDA were US$24.8m, compared with last year's Q2 adjusted EBITDA of US$33.5m. Unit volume in the Q2 increased a strong 10% versus prior year and was led by Duncan Hines, Aurora's largest brand. Other businesses with strong growth were frozen breakfast food, syrup, Mrs. Paul's seafood, foodservice and alternate channels. Lender's volume was down approximately 6%, a significant slowing in the decline versus previous quarters.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- How Tyson's new CEO plans to grow the meat group
- The key questions for digital strategists in 2017
- Nestle unveils process to cut sugar by 40%
- Unilever sets new margin target with help from ZBB
- Unilever focuses on "value" of spreads arm
- Putin 'wants embargo to run as long as possible'
- McCormick to buy flavours business Enrico Giotti