Kraft Gets Boost From Cadbury
Publish Date:
August 12, 2010
Kraft Foods Inc. reported a 13% jump in its second-quarter profit as its new Cadbury business helped drive sales in Asia and Latin America. Kraft's acquisition of Cadbury earlier this year gave it more exposure to emerging markets, and the combined company's sales benefited from higher gum sales in Latin America and more chocolate sales in Asia, particularly India.
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