US food producer B&G Foods has recorded a “strong performance” in the first quarter of 2010, with an increase in net income.

For the period ended 3 April, adjusted net income (reported net income adjusted for certain items that affect comparability), amounted to US$10.4m from $6.6m in the prior year.

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Adjusted earnings, however, dropped to $0.3m from $5.9m in 2009.

Net sales for the first quarter increased 5.5% to reach $125.2m, as a result of unit volume and sales price increases of $4.7m and $1.9m, respectively.

EBITDA increased 9.7% year-over-year to $30m and operating income increased 10.7% to $26.4m.

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David Wenner, president and CEO, said: “First quarter was an excellent quarter for our business. The $30m EBITDA was a record quarterly EBITDA for our company, and was achieved through strong volume growth complemented by improved net pricing.”

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EBITDA for fiscal 2010 is expected to be around $108m to $111m.