Sales slide at cereal maker Kellogg’s

9th May, 2015
Valeo, the owner of Jacob’s Cream Crackers, is to buy Italian firm Balconi

Food company Kellogg’s reported a dip in its sales last week, with net sales down 5 per cent to $3.6 billion.

“We were pleased to report improved sales trends in the first quarter. In fact, our results exceeded our expectations and we are on track for the year.”

John Bryant, Kellogg’s chairman and chief executive

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