Zoek in het archief
 
terug

Check the original
News breaking: 2017-08-03

Kraft Heinz Reports Second Quarter 2017 Results

Kraft Heinz Reports Second Quarter 2017 Results

Q2 net sales decreased 1.7%; Organic Net Sales (1) decreased 0.9% Q2 net income attributable to common shareholders increased 50.5%; Adjusted EBITDA (1) increased 1.9% on a constant currency basis Q2 diluted EPS increased to $0.94; Adjusted EPS (1) increased to $0.98, up from $0.85 the prior year

Thursday, August 3, 2017 4:05 pm EDT Dateline:

PITTSBURGH & CHICAGO

Public Company Information:

NASDAQ:KHC

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (NASDAQ: KHC) (“Kraft Heinz” or the “Company”) today reported second quarter 2017 financial results that reflected significant gains from cost savings initiatives and benefits from the redemption of preferred stock in the prior year that were partially offset by the impact of lower net sales. “As expected, our second quarter results were sequentially better than our first quarter, and we expect this momentum to continue into the second half of the year,” said Kraft Heinz CEO Bernardo Hees. “Our plan from the start has been to drive strong cost savings to fuel investments in people, capabilities and brands that can lead to sustainable, profitable growth. That's what we see happening now, and expect to continue going forward.” Q2 2017 Financial Summary

Zie het origineel.

Contact: The Kraft Heinz CompanyMichael Mullen (media) Michael.Mullen@kraftheinzcompany.com or Christopher Jakubik, CFA (investors) ir@kraftheinzcompany.com