Business and Financial Strategy
In Fiscal Years 2008 and 2009, Heinz executed our long-term strategy to drive growth and the Company’s financial performance.
Our financial strategy is focused on these goals:
- Deliver growth in organic sales (volume plus price), EPS and operating income
- Maintain a strong balance sheet with robust operating free cash flow (cash from operations less
capital expenditures net of proceeds from disposals of PP&E) - Reduce costs and increase productivity to drive margins
- Invest in Heinz’s leading brands and core categories to drive growth
- Return a high percentage of EPS to shareholders through top-tier dividend
- Generate strong return on invested capital
- Enhance Total Shareholder Return
Our long-term strategy is built on four key pillars:
GROW THE CORE PORTFOLIO
- Grow through health & wellness, taste and convenience
- Leverage the science of innovation
- Continue to invest in the business
- Execute strategic M&A
ACCELERATE GROWTH IN EMERGING MARKETS
- Invest for double-digit sales & profit growth
- Leverage infrastructure/expand distribution
- Win with global customers/modern trade
- Grow through health & wellness, taste and convenience
- Leverage the science of innovation
- Execute strategic M&A
STRENGTHEN AND LEVERAGE GLOBAL SCALE
- Innovation transfer
- Global procurement
- Global customers
- Global process design
- Wall-to-Wall SAP
- Productivity
MAKE TALENT AN ADVANTAGE
- Right leadership
- Strengthen bench
- Excel at recruitment/development
- Right incentives
- Optimize talent placement