date:Nov 05, 2013
ake of a 1.7% drop to $504m in operating profits during the third quarter of 2013. Net sales remained flat at $3.7bn during the three-month period.
Kellogg North America has also reported a decrease of 1.3% to $2.4bn in internal net sales during the third quarter, while the same in Latin American business grew 6.7%.
However, reported net sales in Asia-Pacific markets dropped by 9.4% and increased 6.4% in European segment.
Kellogg, meanwhile, is intending to invest primarily for the expansion