Heinz's global ups and downs
HJ Heinz is to launch a raft of smaller products in the US as it targets consumers looking to manage their spending on food.
HJ Heinz chief executive Bill Johnson has said he feels "pretty good" about the US food maker's prospects in Europe despite volumes falling in recent months.
US food giant HJ Heinz plans to close more plants to adapt to what the ketchup maker described as a "difficult" trading conditions.
HJ Heinz is taking action to revitalise its operations Australia, where its business put in a "poor performance" in the first quarter of its financial year, CFO Art Winkleblack has said.
HJ Heinz today (26 May) said it would look to leverage its "global scale" to improve productivity as it raised its five-year savings targets.
HJ Heinz is to "exit" five production facilites across Europe, the US and the Pacific region under a revamp of its supply chain and manufacturing network. The moves have been…