Sales strong at Hibernia Foods

The Nasdaq-listed Hibernia Foods has reported strong growth in sales in the third quarter, ending December 31st, with turnover…

The Nasdaq-listed Hibernia Foods has reported strong growth in sales in the third quarter, ending December 31st, with turnover up 42 per cent to $40.1 million (€41.6 million). The results reflect the first-time inclusion of the Entenmanns/Mr Brains and Freshbake businesses.

Profit before interest, tax and depreciation were up 36 per cent to $4.1 million (€4.3 million) while operating profits reached a record $3 million.

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