Canadian coffee roaster, distributor and retailer Van Houtte has posted a return to profit for its fourth quarter.
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The Montreal-based company said it earned C$3.35m (US$2.4m) for the quarter to 29 March, compared to a loss of $11.69m in the year-ago period. Last year’s results were affected by $20m in nonrecurring items, reported Reuters.
Sales rose to $77.6m from $76.9m a year earlier.
