• Nine-month net sales at US$1.99bn v $1.56bn
  • Higher interest expenses and charges hit profits
  • Operating income down to $163.0m v $167.7m; Net income down at $96.8m v $104.1m

Hain Celestial has reported a drop in profits for the nine months ended 31 March.

Higher interest expenses and impairment charges for the period hit operating income and net income. Operating income fell to $163.0m from $167.7m, adjusted to $223.7m when stripping out the effects of interest and one-off items.

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Net income fell to $96.8m from $104.1m

Sales for the period were $1.99bn or $2.0bn adjusted.

Shares in Hain Celestial were up 0.36% to $61.26 in pre-market trading.

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