Acquisitions prop up Ralcorp income in quarter
date:Aug 09, 2012
g fiscal 2012 included the North American private brand refrigerated dough business of Sara Lee Corp., Pastificio Annoni S.p.A., Petri Baking Products, Inc. and Gelit S.r.l.
For the nine months ended June 30 the company as a whole saw earnings decline 36% to $117.6 million, or $2.13 per share, which compared with $182.9 million, or $3.33 per share, during the same period of the previous year. Sales for the nine months were $3,254.9 million, up 16% from $2,796.8 million.
Earlier this month, Ralco
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