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General Mills Q1 profit up 35%
date:Sep 21, 2012
g profit declined 1.7% to $575m, due to decline in yogurt sales.

International Segment net sales increased 26.8% to $1.09bn, and operating profit rose 55.9% to $125.8m, helped by the acquisition of Yoplait International.

In the Bakeries and Foodservice Segment, net sales declined 2% to $471.6m, while operating profit increased 10.3% to $67.7m, due to lower wheat costs and higher earnings from grain merchandising.

For its fiscal 2013, General Mills noted that it will put advertising support be

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