US: Del Monte profits drop 47%
By just-food.com | 1 December 2006
Del Monte Foods reported a 47% drop in second quarter profits yesterday (30 November) as margins came under pressure by higher costs for fish, peaches and tomatoes. Expenses for integrating acquisitions also dented profits, the company revealed.
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Del Monte Foods reported a 47% drop in second quarter profits yesterday (30 November) as margins came under pressure by higher costs for fish, peaches and tomatoes. Expenses for integrating acquisitions also dented profits, the company revealed.
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