Q4 sales 4.7 bln usd, down 6% (Il Sole 24 Ore Radiocor) - London, 26 Jun - The US food company General Mills said that in the fourth quarter ended May 26 diluted earnings per share fell 5% to 0.98 dollars.

Adjusted diluted EPS stood at 1.01 dollars, down 10% in constant currency.

Net sales were 4.7 billion dollars, down 6% on a reported and organic basis.

Operating profit fell 5% to 779 million dollars. Adjusted operating profit dropped 10% at constant exchange rates to 800 million dollars.

The full year adjusted diluted EPS amounted to 4.52 dollars, up 6% in constant currency, and net sales totalled 19.9 billion dollars, down 1% on reported and organic basis.

General Mills declared a quarterly dividend of 0.60 dollars per share, payable August 1, to shareholders of record July 10. The dividend represents a 2% increase from the previous quarterly rate of 0.59 dollars per share.

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(RADIOCOR) 26-06-24 13:44:27 (0372) 5 NNNN