Hain Celestial saw fourth-quarter profits more than double as demand for natural and organic products and the impact of recent acquisitions drove sales.

The US company said yesterday (23 August) that net income reached US$12.8m for the three months to the end of June, compared to $6.7m a year earlier. Operating income leapt from $12.8m to $27.7m. Net sales increased 31.1% to $292m.

The results meant Hain Celestial finished with a rise in profits and sales over its full financial year. Net income increased to $55m from $28.6m a year earlier. Operating income was up 50% to $106.7m. Net sales climbed 23.2% to $1.13bn.

“Our fourth-quarter results complete a strong year across our business with solid top- and bottom-line performance by the Company,” president and CEO Irwin Simon said.

“Indications are that despite ongoing challenges in the economy, consumers continue to seek out healthful products from our natural and organic brands.”

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.

Company Profile – free sample

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.