USA: Kraft foods Q2 earnings hit by commodity costs

By just-food.com | 20 July 2005

Global food company Kraft Foods Inc has reported a fall in net earnings in its second quarter ended 30 June 2005, to $472m, compared with $698m a year ago, blaming high commodity costs for the reduction.

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Global food company Kraft Foods Inc has reported a fall in net earnings in its second quarter ended 30 June 2005, to $472m, compared with $698m a year ago, blaming high commodity costs for the reduction.

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