Acquisition BenefitsThe acquisition of a new production facility in Atlanta has been smoother than anticipated, providing additional capacity and reducing costs for Southeastern customers, which boosts confidence in potential future acquisitions.
Financial PerformanceDespite the topline shortfall, gross and operating profits reached record levels.
Product InnovationLancaster Colony's licensed branded product portfolio, including successful new product introductions and expanded distribution channels, is expected to generate significant revenue growth and establish new brand platforms.