Israel food firm Strauss profit jumps on coffee, dips activities
date:May 29, 2013
ues to show positive results.

Global coffee sales fell 5.6 percent to 989 million shekels though operating profit in the segment jumped by nearly 45 percent. Coffee sales were also hurt by a decline in exports of green coffee from its Tres Coracoes joint venture in Brazil.

Sales at its international dips and spreads joint venture half-owned by PepsiCo grew 11 percent in the quarter as operating profit surged 64 percent.
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