date:Aug 22, 2014
cent.
The company said that decline in the frozen ready-meal category and the horsemeat scandal affected revenues. In addition, the rise in discount retailers in Ireland, in conjunction with a difficult Irish grocery market, had an impact on the results.
The structural changes within the company, which have seen HJ Heinz Ireland acquired by HJ Heinz Holding corporation, have also played a part. The restructuring has meant that goods produced by the Irish company, which has traditionally produc