Kraft Foods Austria Reports Rising Sales

CompaniesOther ♦ Published: May 9, 2011; 06:57 ♦ (Vindobona)

The U.S. food company could rise its sales figures by 4.8% in Austria. However, costs are increasing substantially.

Kraft Foods Austria Reports Rising Sales / Picture: ©

Kraft Foods reported sales of € 230.9m in Austria in 2010, which is a rise of 4.8%. The cookie segment, which has been introduced in 2007, is already a growth segment.

Due to rising commodity costs, the company has increased its sales prices. Kutil: "Markets are significantly more volatile and prices are rising very strongly at the moment." As a results, Kraft Foods Austria…