IEG Vu is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Biscuit boost

This article was originally published in Foodnews

KRAFT Foods announced its third quarter 2008 results ended 30 September. Net revenues for the three months grew 19.4% to US$10.5 billion, helped by its acquisition of biscuit unit LU. Operating profit grew 17.1% from third quarter 2007 to US$1.0 billion. Earnings per share excluding items were similar to last year, as strong gains from continuing operations were offset by interest expense and lower earnings from discontinued operations. In addition, Kraft's commodity hedging activities negatively impacted on the third quarter by around US$180 million, the company said.




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts