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Heinz reports 22% rise in Q2 net income
date:Nov 23, 2012
igher sales and productivity plans.

In the rest of the world, sales increased 8.6% to $270m, organic sales surged 19.8%, and operating income declined 15.6% to $27m, due to unfavourable foreign currency exchange.

For the six months ended 28 October 2012, sales declined 0.5% to $5.62bn, organic sales increased 4%, while operating income grew 10.1% to $802m.

Heinz noted that it is on track to deliver its previously announced forecast for fiscal 2013, which includes earnings per share increase o

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