The net profit of the company Kraft Heinz in the first quarter of the year rose to 2016 3,2 times in annual terms, amounting to 900 million dollars, the company said in statements.
Net profit attributable to the parent organization Kraft Heinz, was 896 million dollars that 3,2 times more than 2015 years. Net profit attributable to shareholders increased yoy 9,3 times - up to 896 million. Diluted earnings per share were 0,73 0,24 dollar against the US dollar last year. Revenue increased in 2,6 times compared to the figure for the year 2015, 6,570 to a billion dollars.
There, the "Prime", the financial statements for the first quarter of the year reflects Heinz 2015 results, in January-March 2016 years - the results of Kraft Heinz. This is due to the fact that the merger took place in July 2 2015 years.
"We had a confident start of the year. Our savings grow faster than expected, and we are working better, which is especially important to our customers and consumers in the market. However, we still have a lot of work ahead, "- presented in a release to the general director of the Kraft Heinz Heath Bernardo (Bernardo Hees).
Kraft Heinz Company was founded in March 2015 year after the merger with the HJ Heinz Kraft Foods Group. It is the third largest manufacturer of food and beverage products in North America and fifth in the world. The company's portfolio includes brands such as: Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.
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