B&G Foods has reported higher first-half profits as last year’s acquisition of a clutch of brands from Unilever continued to benefit the US food group.

The company yesterday (19 July) booked a 26.6% increase in net income to US$32.8m for the first six months of the year.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

B&G bought a number of Unilever’s US brands last October. It said the brands had meant it was now selling a mix of higher-margin products.

Net sales increased 17.3% to $306m thanks to the Unilever deal. Sales from B&G’s base business were flat as price increases worth $6.8m were matched by volume declines of the same amount.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now