Natural and organic food company Hain Celestial saw fiscal fourth quarter earnings increase, driven by lower costs and stronger sales in North America and Continental Europe.
The company posted US$6.7m net income for the quarter ended 30 June, up on the $1.2m it posted for the same period of the previous year.
Go deeper with GlobalData
Sales fell to $222.8m during the quarter against $223.3m in the prior year.
For the full year, net income reached $28.6m against a $29.4m loss in the previous year. Net sales were down to $917.3m from $1.12bn in the previous year.
The company is forecasting $1.02-$1.05bn sales for 2010.
See Also:
Shares in the company were up 2.3% at close of trading on 25 August.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
