In the hope of placating activist shareholders, US food group Heinz is planning to unveil details of its business plan for the coming two years at the beginning June.
 
The company said that as part of its ongoing strategy to optimise its portfolio and drive sales and earnings growth, it will publish its plan for Superior Shareholder Value and Growth for Fiscal Years 2007-2008 on 1 June in New York.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

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

Find out more


Heinz said the business plan would provide details of innovation and advertising for its top brands as well as savings in supply chain and trade spending that “are expected to generate the fuel for strong sales and profit performance and superior shareholder value over the next two years”. In addition, the company said it would outline its dividend and share repurchase strategy.

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