USA: Keebler boosts Kellogg's Q1 profits
US cereal manufacturer Kellogg said sales had improved and profits almost doubled in the year following its integration of Keebler Foods. Kellogg beat Wall Street forecasts with Q1 profits of US$152.6m, or 37 cents per share. This represents an increase of almost 82% on the US$84.1m, or 21 cents per share, earned in Q1 2001.
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