Baking & Snacks

Notably, net sales for the second quarter decreased 2.3% to US$1.95 billion from US$2 billion in the previous year.

Roseann Reinhold, the former director of human resources at RBS, is scheduled to retire.

Renwick replaces Amit Banati, who left on May 9 to take a position as CFO at the consumer health startup Kenvue, Inc.

The company ended the same period with a 20.3% EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) margin.

The company is sharpening its focus on flexible, high-performance dough sheeting solutions as it prepares to showcase its latest laminating technology at iba 2025.