Costs linked to the acquisitions of Zartic and Clovervale have hit full-year profits at Pierre Foods, the US company said today (30 May).

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Pierre Foods posted net income of US$2.1m for the year to 3 March, down from $2.2m a year earlier.


The company struck the deals to buy Zartic and Clovervale over the last 12 months and costs related to those acquisitions, as well as increased distribution costs weighed on earnings.


Nevertheless, Pierre Foods saw revenues rise 13% to $487.8m.

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