Sales, profit rise at Israeli food group Strauss
date:Nov 21, 2012
epsiCo.

The group continues to contend with challenges in its home market in Israel and is implementing dozens of internal streamlining processes, President and Chief Executive Gadi Lesin said.

Strauss, a maker of snacks, fresh foods and coffee, is a market leader in roast and ground coffee in central and eastern Europe. It is the second-largest company in the Israeli food and beverage market with an 11.9 percent share.

Global coffee sales rose to 1.05 billion shekels, boosted by growth in mo
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