Rochester,NY 8/21/2009 12:03:31 AM
Kraft Foods Inc.,KFT-Kraft Foods reports operating income increase of 7.6% more than the previous year
Kraft Foods Inc
Kraft Foods Inc. reported last week strong second quarter 2009 results powered by solid performance across various geographies.
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'Despite a, challenging consumer environment and the slow down of some categories, Kraft Foods Middle East and Africa has extended into the second quarter its solid start of the year with Power Brands such as Tang, Kraft cheese, Oreo, Toblerone and Philadelphia performing well, and cost savings reinvested into building brands,'said Patrick Satamian, Vice-President and Area Director, Kraft Foods, Middle East & Africa.
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