What the analysts say - ConAgra Foods Q2/H1 numbers

By Michelle Russell | 21 December 2012

ConAgra Foods yesterday (20 December) booked a jump in first-half profits and raised its full-year earnings forecast. The growth was a result of a series of small acquisitions made by the US group this year. Analysts gave an overall positive reaction to the results but some were cautious about the outlook for the company, particularly around its plan to buy private-label rival Ralcorp Holdings.

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ConAgra Foods yesterday (20 December) booked a jump in first-half profits and raised its full-year earnings forecast. The growth was a result of a series of small acquisitions made by the US group this year. Analysts gave an overall positive reaction to the results but some were cautious about the outlook for the company, particularly around its plan to buy private-label rival Ralcorp Holdings.

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