Portland, Ore.-based Yocream Int, a manufacturer and wholesaler of frozen desserts and beverages, has reported its fiscal results for the Q2 and H1 ended 30 April 2002.

Q2 sales increased 30% to US$4.6m, and net income increased 141% to US$224,000 (US$0.10 per share). For the H1 ended 30 April, sales increased 26.7% to US$8m, and net income increased 100% to US$328,000, (US$0.14 per share).

“For the fourth consecutive quarter, operating results have benefited from an increase in sales volume and related operating efficiencies,” said CFO Douglas Caudell: “The increase in sales has continued to be broad-based with gains in the sale of frozen yogurt and smoothie products to both club stores and foodservice distributors, as well as an increase in copacking revenues.”

Caudell added: “We are now beginning the introduction of the Dannon/YoCream line of soft serve yogurt as part of the alliance between The Dannon Company and YoCream Int.”

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.