Pinnacle Foods returns to profitability in year
date:Mar 08, 2013
ed $156 million in after-tax charges related to impairments, restructuring and a legal settlement.

We posted solid performance in the fourth quarter by delivering a 3% increase in adjusted EBITDA, said Bob Gamgort, chief executive officer. In a food industry environment that is showing some signs of improving, we generated share growth on more than half of our portfolio, driving 4% net sales growth on our North America retail business. Further, we expanded gross margin, excluding restructuring,
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