USA: Kraft - still boosting Philip Morris' bottom line - COMMENT (Members)
Kraft and Philip Morris have both seen a rise in Q3 net income. Kraft is thriving as a public company, with Q3 revenues up 29.6% and a rising share price. Meanwhile, despite majority shareholder Phillip Morris also posting positive results (partly driven by Kraft's performance), its share price is suffering. In particular, the company needs to address concerns over its troubled beer subsidiary Miller.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Analysis: Post discusses rationale for Weetabix
- Interview: Sir Kensington's on sale to Unilever
- US food next wave on display at Winter Fancy Food
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Unilever buys US condiments maker Sir Kensington's
- Ice cream helps Unilever sales, food flat
- Suntory to offload Australia, New Zealand foods
- Nestle organic growth slows but beats expectations
- Post: Weetabix "opens up M&A opportunities"