Heinz yesterday posted 4.1 per cent growth in sales for
its 2007 fiscal year results as it benefited from improving
fortunes within Europe and its regional operations in markets
like Asia and Latin America.
Another shuffle is about to occur in the EU's food processing
marketplace as a Netherlands-based equity firm announces plans to
buy local operations belonging to Heinz and Premier Foods,
thencombine them into one firm selling...
Heinz is the latest company reporting continuing sales weakness in
western Europe, with the US multinational's first quarter results
in the region damaged by falling demand for its frozen and seafood