date:Sep 22, 2012
US-based ConAgra Foods reported that its net income soared 166.6% to $250.1m in first quarter of fiscal 2013, up from $93.8m in fiscal 2012, driven by acquisitions and increase in marketing investment.
Net sales for the quarter ended 26 August 2012 increased 6.7% to $3.31bn, compared to $3.10bn in the previous year.
Recently, the company completed a number of acquisitions which boosted the company's results - it acquired the Bertolli and PF Chang's Home Menu frozen meals businesses from Unilev