Rochester,NY 8/23/2009 12:29:26 AM
Kraft Foods Inc.,KFT-Increase in revenue for second quarter
Kraft Foods Inc
Kraft Foods Inc. informed that its second quarter revenue revenue increased by 9.3 per cent, driven by strong performance across its global operations, and by cost-cutting measures.
In developing markets, which include Middle East and Africa, Central and Eastern Europe, Asia Pacific and Latin American countries, revenue improvement was powered by its power brands such as Tang powdered beverages, Kraft cheeses, Philadelphia cream cheese and Oreo biscuits.
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