• H1 net sales up 2.6%


  • Group reaffirms 2009 guidance


  • Operating income up 19.3% to US$45.7m

US food group B&G Foods reaffirmed its full-year guidance on Tuesday (28 July) as it posted an increase in net income for the first two quarters of 2009.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


For the 26 weeks to 4 July, net income before adjustments reached US$11.9m compared to $7.9m in the comparable period of 2008.


Net sales for the period increased 2.6% to reach $241.5m. The result was negatively impacted by a poor maple syrup crop in Canada in 2008 that led to a global shortage.


Operating income increased 19.3% to $45.7m and EBITDA rose 15.3% to reach $52.8m.


The group reaffirmed its guidance and said it expects EBITDA for fiscal 2009 to be around $99m to $102m. Capital expenditures are expected to be around $11m.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Click here for the full first-half statement from B&G Foods. Check back for further coverage and executive comment later.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now