Ralcorp consolidates three units as profits slump
date:Aug 10, 2012
and $31 million in fiscal 2013.

Ralcorp will pay one-off consolidation costs of $17m and $22m that will cover expenses and pay for job cuts, which Hunt calledemployee separation.

The separation will take effect from 1 October this year.

Segment performance

During Q3, Ralcorps Pasta segment took the biggest profit hits. Operating profit in this segment fell 30% to $25.5m

Ralcorp, which acquired the pasta business in 2010, said it was hurt by cost inflation of durum wheat. It intends to expa
4/7 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
06/25 07:19