This performance reflects resilience amid volatile commodity markets, driven by strong contributions from its core segments in food products, feed, industrial products, plantations, and sugar milling.
The transaction is expected to be finalized by the end of the year, subject to customary regulatory approvals.
The Campbell’s Company reported net sales of US$2.6 billion, representing a 5% decrease compared to the prior year.
Hain Celestial divests its North American snacks unit to Snackruptors for US$115 million as part of a strategy to reduce debt and refocus on core food and beverage categories.
This performance was underpinned by a 9.3% rise in total revenue, reaching SAR 1,146.4 million (US$305.52M), up from SAR 1,048.9 million (US$279.52M) in 2024.