Agrilink operating earnings fell 12% in Q2 to US$33m despite 8% higher net sales at US$362m. Figures are consolidated with subsidiaries Agrilink Foods Inc. and AgriFrozen Foods Inc. Lower crop intakes in the Eastern US meant lower plant efficiencies as well as higher freight and utility costs throughout the US.
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Agrilink is an agricultural marketing cooperative of approximately 800 members. It processes fruit, vegetables, and popcorn through its subsidiaries and AgriFrozen processes and markets a variety of product lines of branded, private label, and foodservice products in facilities located throughout the US.
By Navroz Havewala, just-food.com correspondent
