Quarterly sales, profits rise for dairy processors
Sales increase 10% for WhiteWave; Saputo reports 27.8% rise; Lifeway sees 15% increase
The WhiteWave Foods Co., Denver, (NYSE: WWAV) reported net sales for the third quarter ended Sept. 30 increased 10% to $639 million compared to the third quarter of 2012. This was due to continued volume growth across the company’s North America and Europe segments, WhiteWave said.
Adjusted operating income for the third quarter of 2013 totaled $54 million, representing an increase of 19% compared to $46 million in the third quarter of 2012.