The Hain Celestial Group, Inc. (NasdaqGS:HAIN) is looking at acquisition opportunities. At BMO Farm to Market Conference, John Carroll, Executive Vice President and Chief Executive Officer of Hain Celestial United States said: “We're always working our SG&A efficiency because we're an acquisitive company and we look to acquire companies, bolt them on to our US platform, want to be driving our operating free cash flow, and then looking for the next accretive acquisition.”

The Hain Celestial Group, Inc. Presents at BMO Capital Markets 2013 Farm to Market Conference, May-14-2013 02:00 PM. Venue: Grand Hyatt Hotel, New York, New York, United States.

The Hain Celestial Group, Inc. announced unaudited consolidate earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, the company reported net sales of $456,087,000 against $375,781,000 a year ago. Operating income was $51,059,000 against $41,633,000 a year ago. Income before income taxes and equity in earnings of equity-method investees was $43,146,000 against $37,439,000 a year ago. Income from continuing operations was $41,829,000 or $0.87 diluted per share against $24,819,000 $0.54 diluted per share a year ago. Net income was $40,715,000 or $0.85 diluted per share against $24,107,000 or $0.52 diluted per share a year ago. Adjusted operating income was $57,620,000 against $42,153,000 a year ago. Adjusted income before income taxes and equity in earnings of equity-method investees was $51,845,000 against $38,171,000 a year ago. Adjusted income from continuing operations was $34,348,000 or $0.72 diluted per share against $25,670,000 or $0.56 diluted per share a year ago. EBITDA was $59,813,000 against $51,010,000 a year ago. Adjusted EBITDA was $61,669,000 against $51,559,000 a year ago. Adjusted net income was $34.3 million, up 33.8%. Adjusted EPS was $0.72 per diluted share, up 28.6%. For the nine months, the company reported net sales of $1,271,213,000 against $1,027,455,000 a year ago. Operating income was $134,579,000 against $101,674,000 a year ago. Income before income taxes and equity in earnings of equity-method investees was $119,479,000 against $89,324,000 a year ago. Income from continuing operations was $93,860,000 $1.99 diluted per share against $58,539,000 $1.28 diluted per share a year ago. Net income was $88,723,000 or $1.88 diluted per share against $55,835,000 or $1.22 diluted per share a year ago. Adjusted operating income was $145,556,000 against $108,646,000 a year ago. Adjusted income before income taxes and equity in earnings of equity-method investees was $131,340,000 against $96,968,000 a year ago. Adjusted income from continuing operations was $87,136,000 or $1.84 diluted per share against $63,732,000 or $1.40 diluted per share a year ago. EBITDA was $164,113,000 against $125,937,000 a year ago. Adjusted EBITDA was $170,385,000 against $133,438,000 a year ago. For the trailing twelve months through March 31, 2013, operating free cash flow was $55.6 million this year compared to $79.3 million for the prior year's twelve month period. The decline is principally the result of the previously mentioned major capital projects during the 12-month period. The company expended $40 million more on CapEx in the latest 12-month period this year compared to last year. Total debt at the end of the third quarter was $634.7 million. The company provided earnings guidance for the fiscal year 2013 and 2014. For the year, the company expects total net sales range of $1.727 billion to $1.734 billion, an increase of approximately 26% as compared to fiscal year 2012. Earnings range of $2.43 to $2.47 per diluted share, an increase of 31% to 33% as compared to fiscal year 2012. For the year 2014, the company expects earnings by $0.05 to $0.08 per diluted share.