date:Feb 09, 2014
US snack maker Snyder's-Lance said today that full-year earnings rose by almost one-third, boosted by higher sales of core brands and its shift to focus on premium snack products.
The company said net earnings in the year to 28 December rose to US$79m, up from $59.5m in 2012. The company said that this gain came in spite of an increase in its tax rate for the year, which hit EPS by $0.04. Income before interest expenses and tax totalled $138.97m, up 27% on the year.
Snyder's-Lance booked a 9%