FDBusiness.com

Hain Celestial Doubles UK Sales

 Breaking News
  • Coca-Cola HBC to Acquire Italian Water and Sparkling Beverages Company in €88 Million Deal Coca‑Cola HBC has agreed to acquire Acque Minerali, a privately-held natural mineral water and adult sparkling beverages business based in Italy. The acquisition is being made in conjunction with The Coca-Cola Company, in-line with previous similar acquisitions. The total enterprise value payable by Coca‑Cola HBC and The Coca‑Cola Company, subject to customary closing adjustments, amounts [...]...
  • Britvic Signs Up to Science Based Targets Initiative Britvic has pledged to pursue bolder greenhouse gas (GHG) emission reduction targets by signing up to the Science Based Targets initiative. Britvic joins around 600 leading companies from around the world in formally committing to independently verified science-based GHG emission reduction targets. Britvic’s A Healthier Everyday sustainability strategy recognises climate change as one of the biggest threats facing [...]...
  • Marks & Spencer Partners Infarm to Bring Urban Farming to London Stores M&S Food is partnering with infarm – one of the world’s most advanced urban farming platforms – to deliver a range of fresh produce grown and harvested in a selection of the retailer’s London stores. Customers will now find a range of fresh herbs – including Italian, Greek and Bordeaux Basils, Mint, Curly Parsley and Mountain [...]...
  • Coca-Cola European Partners to Remove 4,000 Tonnes of Single-use Plastic by Swapping Shrink Wrap For Cardboard in Western Europe Coca-Cola European Partners, will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes of single-use plastic per year across the region. This is the latest move in Coca-Cola’s commitment to tackle packaging waste and remove all unnecessary single-use plastic from its secondary packaging. Plastic shrink wrapping is used [...]...
  • EU Leading in Global Agri-food Trade The EU has been confirmed for yet another year in its position as the largest global exporter of agri-food products, with sales reaching €138 billion in 2018. Agriculture products represent a solid share of 7% of the value of EU total goods exported in 2018, ranking fourth after machinery, other manufactured goods and chemicals. Agriculture and [...]...

Hain Celestial Doubles UK Sales

Hain Celestial Doubles UK Sales
August 26
13:46 2013

US-based organic food processor Hain Celestial has more than doubled the sales of its UK business (Hain Daniels) and reported a 25.9% rise in group sales to a record $1.73 billion for the year ended June 30th 2013. Adjusted group EBITDA increased 31.7% to a record $235.8 million.

UK sales jumped by 118.6% to reach $420.4 million (£270 million) and operating income increased by 220.6% to $31.1 million. Hain Celestial completed two strategic acquisitions in the UK during the year – the Ambient Grocery Brands from Premier Foods, including market leading Hartley’s jams and Sun-Pat peanut butter, along with Gale’s honey and Robertson’s marmalade; and the Ella’s Kitchen brand, a leader in premium organic baby food, sold principally in the UK, the US and Scandinavia. It also divested non-core sandwich business and private label chilled ready meals operations in the UK, and eliminated certain unprofitable private label sales.

“With record net sales, the highest in the company’s history, we delivered a strong finish to the end of our fiscal year, and I am pleased with the results,” says Irwin D Simon, founder, president and chief executive of Hain Celestial. “Our US business achieved outstanding sales along with improvements in other key performance measures. Hain Daniels delivered increased results as it transitioned to a growing, more profitable platform in the UK, which we believe is well-positioned for accelerated growth. Our Rest of World segment, which includes Canada and Continental Europe, also delivered solid results.”

He continues: “Our business continues to benefit from strong growth trends across our organic and natural brand portfolio. As we approach the 20th anniversary of the company, we are better positioned than ever before to execute on our strategic initiatives and capitalize on the tremendous opportunities in front of us.”

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements