date:Mar 22, 2013
US-based food company General Mills has reported that its net earnings increased 1.8% to $398.4m for the third quarter of 2013, compared to $391.5m for the same period in 2012.
The modest growth in profit was due to one-time charges and margin pressure that were more than offset by higher overseas sales, primarily from its new businesses - Yoki and Yoplait Canada.
For the quarter ended 24 February 2012, the company posted 7.5% increase in net sales to $4.43bn, compared to $4.12bn in the previo