The result was clearly better than expected. The main driver is Asia while organic growth of almost 8 percent in soluble coffee is impressive for what some regard as a mature category.
More Quotes from Jon Cox:
We tend to view small bolt-on acquisitions in niche segments or regions as positive with ice cream part of the trading-up-to-premium-brands phenomena we are seeing in other food categories such as coffee and chocolate.Jon Cox
Watch data for February, although strong in the premium segment, was weak in the middle and even up into parts of the luxury segment.
Jon Cox
The standard of beyond reasonable doubt is very difficult to achieve.
Jon Cox
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