Tuesday, February 25, 2014

Del Monte

Del Monte: 4Q13 results due today after market. Consensus estimates : Sales $125m Net profit $14m Nevertheless, focus will likely be on the recently completed US$1.7b acquisition of the consumer food business of US-based DMF. If Del Monte can integrate the new business successfully, it is expected to be a "game changer" for the group, and could quadruple Del Monte's sales to over US$2b.

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