McCormick & Co Inc 2013 AR2
The report highlights McCormick's financial and operational performance for the fiscal year 2013, marking the preparation for its 125th anniversary. The company achieved net sales of $4.12 billion, representing a 3% increase driven by its consumer business and the acquisition of Wuhan Asia-Pacific Condiments in China. McCormick also realized $63 million in cost savings through its Comprehensive Continuous Improvement (CCI) program, which helped fund increased brand marketing and offset rising material costs. Additionally, the report outlines the company's Corporate Social Responsibility (CSR) goals for 2018, focusing on sustainable agriculture, healthy flavor solutions, and reducing environmental impacts such as waste, water, and electricity use.
Company: McCormick & Co Inc
Sector: Consumer Staples
Country: United States
Year: 2013
Type: AR2
Pages: 78
McCormick & Co Inc
Annual Report
The report highlights McCormick's financial and operational performance for the fiscal year 2013, marking the preparation for its 125th anniversary. The company achieved net sales of $4.12 billion, representing a 3% increase driven by its consumer business and the acquisition of Wuhan Asia-Pacific Condiments in China. McCormick also realized $63 million in cost savings through its Comprehensive Continuous Improvement (CCI) program, which helped fund increased brand marketing and offset rising material costs. Additionally, the report outlines the company's Corporate Social Responsibility (CSR) goals for 2018, focusing on sustainable agriculture, healthy flavor solutions, and reducing environmental impacts such as waste, water, and electricity use.
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Document Details
Report Year
2013
Reporting Period
Dec 1, 2012 - Nov 30, 2013
Fiscal Year
2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees