The food manufacturer is still assessing the full financial impact of shutting its manufacturing facilities and job losses that were reported earlier this year.
New Zealand food brand Wattie's was sold to the H. J. Heinz Company in 1992.
Food manufacturer H.J Heinz Company (Heinz) has reported slumped revenue as it continues to weigh the costs of its closures.
In its latest financial statements, Heinz’ domestic arm reported revenue for the 12 months to December 27 fell 10% to $666.8 million from $742.7m. It reported a profit of