Huge loss at the American food giant

The American Kraft Heinz, one of the world’s leading food companies, closed last year’s last quarter with a 12.61 billion USD loss due to a 15.4 billion USD valuation of a one-off item.

Thus, Kraft Heinz closed last year with a 10.2 billion USD loss, while a year earlier it generated 11 billion USD profits. Last year’s sales increased to 26.26 billion USD from the 26.1 billion USD of 2017. (origo)