WhiteWave Foods has booked an increase in second-quarter adjusted earnings and sales, driven by broad-based growth across all business segments.
WhiteWave, which spun-off from Dean Foods earlier this year, said adjusted operating income rose 16% in the three months to 30 June, climbing to US$46m, up from $40m in the comparable period of last year. Adjusted net profit rose 28% to $28m in the quarter, WhiteWave added.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The group said net sales in North America expanded by 10%, driven by volume growth across all platforms. The company benefited from low-double digit gains in plant-based foods and drinks, mid-single digit gains in premium dairy and low-double digit gains in coffee creamers.
WhiteWave also booked an increase in European sales, which rose 13% in the period, driven by product launches.
WhiteWave is pre-releasing its second-quarter results ahead of investor meetings this week. The company will provide more detailed commentary at the beginning of August.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData