The Del Monte Foods Co has reported net sales of $811.1 million for the third quarter ended January 25 2004.
The income from continuing operations rose to $52.2m from $22.4m from the same period last year.
The increase in net sales from $537.3m was due, in large part, by the inclusion of fruit, vegetable and tomato businesses after the Heinz merger.
Richard G. Wolfman, chairman and chief executive officer, said: “During the quarter we announced significant new product innovations and we experienced strong share performance in our core sectors. Our merger integration initiatives are progressing well and continue to track on or ahead of schedule.”
“We are pleased with the third-quarter performance, and we are confident the strategies we have in place will drive our future programme. The Del Monte Food Co has a platform in place which we can deliver from.”
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