The Feltham, U.K.-based frozen food group -- which has changed its name from Birds Eye Iglo Group to Iglo Group to reflect its “pan-European scale” – reported earnings before interest, taxes, depreciation and amortization (EBITDA) of €159.9 million ($228.9 million), up 8.3 percent year-on-year.
Group net sales grew 3.5 percent, with the fastest grower being its Findus Italy business, up 5.4 percent. Its continental European brand Iglo’s sales grew 3 percent and its U.K.-based Birds Eye sales grew 2.4 percent.
In June, group CEO Martin Glenn told IntraFish that the Italy business -- acquired from Unilever for €805 million ($1.2
