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 17 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
- Danone's Q1: four things to learn
- Interview: Sir Kensington's on sale to Unilever
- Column: Why snacking is the new meal
- Interview: "Disruptive" snack brand Hippeas
- Nestle Q1 update: four things to learn
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- Icelandic to sell Saucy Fish Co. owner Seachill
- Tyson to buy burger-to-entree firm AdvancePierre
- TreeHouse Foods sells soup, baby food units