Kraft Heinz: Q2 EPS slips slightly

(CercleFinance.com) - Kraft Heinz has reported Q2 2021, adjusted EPS that is down 2.
5% at 78 cents, with adjusted EBITDA down 5.2% at 1.71 billion dollars for revenues that are almost flat (-0.5%) at 6.61 billion dollars (-2.1% in organic terms), thanks to performance both internationally and in Canada.

On this basis, the agrifood group says that, for FY 2021 it anticipates financial performance that exceeds its initial expectations, currently expecting adjusted EBITDA that is above its level in 2019.


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