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The sun never sets on the business of the
H.J. Heinz Company. Each day, in every corner of the globe, the people of Heinz are constantly working to create new products, open new markets and improve customer service. This year's annual report introduces six Heinz managers from around the world and offers a glimpse of the determined
effort to drive Heinz to world leadership
in the six core categories of foodservice, ketchup and condiments, infant feeding, pet food, tuna and weight control.
The 1997 results include a pretax charge for restructuring and related costs of $647.2 million, offset by capital gains of $85.3 million from the sale of non-strategic
assets in New Zealand and the U.K.
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