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Post by T Bhat on Jul 3, 2014 22:06:42 GMT -5
Here is the update by Brooklyn Investor regarding progress on Heinz deal. brooklyninvestor.blogspot.ca/2014/07/heinz-update-whos-next.html-- HNZ averaged an operating margin of 14.9% for six years. And then comes 3G and boosts that to 21.5% in less than a year. In a single year, they took out 7.1% of revenues in costs; 4.4% out of SGA and 2.7% from COGS. They increased operating earnings +47% in less than a year.
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